Arthur J. Gallagher & Co. (AJG) has announced its recent acquisition of M.J. Schuetz Insurance Services Inc., a firm based in Indiana that specializes in property/casualty insurance, surety, and bonding services. The financial specifics of the transaction have not been made public.
The addition of M.J. Schuetz is anticipated to strengthen Arthur J. Gallagher & Co.'s retail brokerage operations within the Midwest region.
As of the latest update, Arthur J. Gallagher & Co.'s shares are valued at $284, reflecting a 0.39 percent increase on the New York Stock Exchange.
