Celaris Group Inc. a full-service insurance agency headquartered in Bowling Green, Ohio, has acquired Value Added Benefits Ltd., a wholesale insurance business headquartered in Cleveland, Ohio.
Celaris, is a wholly-owned subsidiary of Sky Financial Group, Inc., an integrated financial services company also headquartered in Bowling Green. Value Added Benefits is an Ohio limited liability company and was previously owned by individuals associated with the Herbruck, Alder and Company and Corporate Plans Inc., employee benefits and financial services firms located in the Cleveland, Ohio area.
With the addition of Value Added Benefits, the company will have 10 offices in Ohio: Bowling Green, Cleveland, Columbus, Defiance, Fostoria, Fremont, Lima, Marion, Sylvania and Tiffin.
Topics Mergers & Acquisitions Ohio
Was this article valuable?
Here are more articles you may enjoy.
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 
Updated: 6 Killed in Private Plane Crash at Maine Airport 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
