MDS Acquires Cobian Insurance Brokers
November 11, 2024
MDS, part of The Ardonagh Group, has acquired Cobian Insurance Brokers, a Madrid-based commercial insurance broker founded in 2018 that specialises in industrial risks, energy, construction and financial lines. Pablo Cobián will remain with the business and the acquisition is intended to strengthen MDS’s Iberian platform and Spanish presence (subject to regulatory approvals).
- Buyers
- MDS, The Ardonagh Group
- Targets
- Cobian Insurance Brokers
- Platforms
- MDS
- Industry
- Insurance
- Location
- Madrid, Spain
- Transaction Type
- Addon
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