Both brokers are part of the Willis Towers Watson network
Regional broker Henshalls has snapped up fellow Willis Towers Watson network firm Bayliss & Cooke.
Henshalls is headquartered in Newport, with another office in Shrewsbury employing a total of 30 staff, while Bayliss & Cooke currently employs 14 people and is based in Stafford. Henshalls managing director Mark Freeman said the firm was now able to expand into a new region.
It will now be able to extend its offer to include specialist bus, coach and minibus cover.
In a statement, Freeman said: “We had been looking for the right acquisition for some time, and with our head office in Newport, the chance to acquire Bayliss & Cooke just down the road in Stafford is the perfect fit.”
Bayliss & Cooke has been in business for 40 years, while Henshalls was founded in 1967.
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