Gallagher Buys Minnesota Agency Spanjers

Published July 18, 2007, 1:00 a.m. EDT

Updated July 17, 2007, 6:20 p.m. EDT

1 Min Read

Arthur J. Gallagher & Co. of Itasca, Ill., has acquired Spanjers Insurance Agency Inc. of Mendota Heights, Minn.

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Spanjers, formed in 1998, offers risk management, commercial property/casualty, and employee benefits insurance. It specializes in products for the fitness, restaurant, manufacturing, transportation, and construction industries.

Arthur J. Gallagher, an international insurance brokerage and risk management services firm, announced the acquisition Monday. It did not disclose the price.

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