NEWS | LATEST NEWS FROM JAMES HALLAM AND THE INDUSTRY | JAMES HALLAM LIMITED MAKES ACQUISITION


JAMES HALLAM LIMITED MAKES ACQUISITION

Alan Turner Ltd, the holding company of James Hallam Ltd, Arnold Fisher Insurance Services Ltd and several other insurance operations, has announced the acquisition of Landau Manson Ltd with effect from 24th July 2009.

Landau Manson is owner of the market leading ‘Gauntlet’ hotel insurance brand. Landau Manson has been trading since 1982 and has offices in Paddington and Harrogate plus a sales presence in Scotland. It has commission income of over £2 million and employs over 20 staff. Landau Manson has an associated risk management company, LM Risk Ltd, which is also being acquired by Alan Turner Ltd.

The is the second acquisition made by Alan Turner Ltd in recent weeks, having acquired Peter W. Edwards & Co Ltd in June.

Commenting on the deal Paul Anscombe, Group Managing Director of Alan Turner Ltd, says “we are delighted to join forces with Landau Manson. This is a strategically important acquisition for the Group as there is clear synergy between the hotel and hospitality sector and Arnold Fisher’s involvement in the travel industry. It further strengthens our plans to become one of the UK’s leading fully independent brokers.”

David Noble, Managing Director of Landau Manson, adds “this is an exciting move for the team at Landau Manson. We have a real desire to grow the Gauntlet brand and have chosen a partner who both understands our sector and who shares our vision of the future of insurance and related services in the hospitality sector.”

As part of the deal, David Noble will remain on the Boards of Landau Manson Ltd and LM Risk Ltd and continue to be supported by the existing senior staff.

Any questions or for further information please contact Paul Anscombe (MD) or Paul Turner (CEO) on 020 7977 7888.