Markel Ventures Inc. has acquired a majority interest in Cottrell Inc. of Gainesville, Georgia, a firm that designs and manufactures over-the-road automobile transport equipment. Terms of the transaction were not disclosed.
Markel Ventures is a wholly-owned subsidiary of specialty insurer Markel Corp. that invests in businesses that operate outside of the specialty insurance marketplace
“We wanted to find a partner that understood the way we do business and that would support us as we continue down the path we started on over 35 years ago. Markel is clearly that partner,” said Danny Zink, Cottrell’s president and CEO.
Topics Mergers & Acquisitions Auto Georgia
Was this article valuable?
Here are more articles you may enjoy.
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
IBM Agrees to Pay Government $17 Million in DEI Settlement 
