Willis Group Holdings plc announced it has acquired Carsa Consultores, a leading broker in Mexico.
The move strengthens and supports Willis Mexico’s existing business, while also expanding its overall footprint, especially in the northwest region of Mexico, creating a new combined network of nine offices nationally, Willis said in a statement.
The Carsa team of 84 associates will bring new expertise to Willis Mexico in a number of areas, including actuarial services and affinity programs.
Luis Maurette, regional CEO of Willis Latin America, said:
“Mexico is a key part of our regional growth strategy and our investment there reflects our confidence in the country’s potential. Carsa has a strong reputation in the Mexican market, with a culture and professional approach that aligns closely with Willis’s own values-based approach to client service. It is a pleasure to welcome their talented team to Willis.”
Willis expects to migrate to a single Willis brand in Mexico over time. In Guadalajara, where Carsa is currently headquartered, Willis associates will relocate to Carsa’s offices. In Mexico City, the existing Willis office will become the new home for Carsa’s actuarial and government specialties teams.
The terms of the transaction were not disclosed.
Source: Willis Group Holdings
Topics Mergers & Acquisitions
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