McLarens, a global independent insurance services provider, announced the strategic acquisition of Vanderwal & Joosten (VWJ), a leading construction and engineering, environmental, liability, and agricultural loss adjusting and technical claims investigation firm in the Netherlands.
McLarens purchased 100% of the equity of VWJ. Financial terms of the transaction were not disclosed.
With more than 25 years’ experience, VWJ’s team of 30-plus adjusters, technical engineers and lawyers is spread across four offices in Eindhoven, Rotterdam, Schiphol, and Utrecht, serving clients throughout the country and internationally. VWJ’s adjusters deliver technical loss adjusting and investigating services, focusing on construction, civil and mechanical engineering, energy, and natural resources as well as casualty related losses.
Since 2007, VWJ has been the committed international affiliate of McLarens in the Netherlands. The acquisition represents a natural progression of this trusted relationship and is a perfect fit with McLarens’ strategy to expand into continental Europe, said McLarens in a statement.
VWJ will add significant technical expertise and investigative skills in the construction and engineering and casualty claims sectors to McLarens’ loss adjusting and claims management business.
The acquired business will continue to be managed by Gerrit Taal, managing director. Taal will be supported by the current executive leadership team and senior staff who will all remain in their existing roles.
“Over the years, we have established a strong collaborative and beneficial affiliate partnership with VWJ and its amazing team. Our relationship has deepened and we have grown closer as their business matured,” said Gary Brown, chief executive officer of McLarens. “We admire VWJ’s highly skilled technical adjusters who are passionate about solving the most complex claims, and they do so with the highest level of professionalism. Their work ethic, values, loyal client base, and internal culture complement our organization. We are eager to welcome the VWJ team and their clients to the McLarens’ family.”
McLarens retained Norton Rose Fulbright LLP as legal advisers, while VWJ retained Bernhaege Advocaten at Veghel as legal advisers and Dutch Dream Group in connection with this transaction.
About McLarens
Founded in 1931, McLarens is an independent global insurance services provider with offices and operations in 40 countries. The company provides loss adjusting, claims and risk management services, as well as auditing and pre-risk surveying. McLarens’ adjusters have an average of more than 20 years’ experience, operating across a range of industries with specialties such as: property, crisis management, natural resources, construction & engineering, natural resources, agriculture, aviation, casualty, marine, FAJ & specie, global TPA services and environmental consulting services.
Source: McLarens
Topics Mergers & Acquisitions Claims
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