Johnson & Johnson Inc. announced it is acquiring the assets of Erickson-Larsen, Inc (E&L). The parties expect to complete the transaction effective August 1, 2025.
With offices in Maple Grove, MN, and Fargo, ND, Erickson-Larsen is a wholesale insurance firm that serves as an independent resource to retail agents in the states of Minnesota, Montana, North Dakota, South Dakota, Wisconsin, and Wyoming.
While E&L specializes in the Transportation product lines, it also offers a full array of insurance products to independent retail agencies.
Johnson & Johnson is a fourth generation, family-owned Managing General Agency based in Charleston, South Carolina. Founded in 1930, Johnson & Johnson enjoys a long history of providing superior service and products to Independent Agencies while maintaining its family culture. J&J will add a broad portfolio of first-class products and services to agencies and insureds in the core states serviced by E&L.
Topics Mergers & Acquisitions Minnesota
Was this article valuable?
Here are more articles you may enjoy.