Ardonagh Europe swoops for Léons Group

The latest addition has been in the business for 71 years

Ardonagh Europe swoops for Léons Group

Mergers & Acquisitions

By Mary Or

Ardonagh Europe has announced the completion of its acquisition of Léons Group, an independent, family-owned insurance brokerage and consultancy firm headquartered in Amsterdam.

Founded in 1951, Léons provides full-service insurance solutions to corporate clients with specialisation in international operations and complex cases. It is a founding member of Brokerslink, a global network of independent brokers across 125 countries.

As part of Ardonagh Europe, Léons will continue to operate independently under the leadership of Sunny and Nico Léons, together with the current management team. The Léons family will maintain a stake in the group as part of the transaction.

“We are delighted to welcome Léons to Ardonagh, building together on their Dutch roots and solid reputation in the market to develop a portfolio of brands and insurance broker companies that are leaders in their target markets,” Ardonagh Europe CEO Conor Brennan (pictured, left) said. “Sunny and Nico have forged a unique business with a special culture that fits perfectly alongside the portfolio of independent businesses that Ardonagh has acquired over the last number of years. We are very excited by what we can achieve with our new partners in the Netherlands.”

In December 2021 The Ardonagh Group announced its acquisition of MDS Group, another Brokerslink member and leading insurance broker with roots across the Portuguese-speaking world and Europe.

“Welcoming this leading independent Dutch firm into the group … further strengthens our relationship with members of Brokerslink,” said Ardonagh Group CEO David Ross. “With independence core to our own success, this is a testament to the respect we have for this network, and the strength and quality of its membership.”

Sunny Léons (pictured, right) said the group was “a perfect match” for Léons Group’s growth ambitions. “We are thrilled to join forces with a global platform with scale and dynamic culture, that embraces our family-owned concept,” he said. “With access to Ardonagh’s considerable resource and capital, we look forward to joining them as our growth engine together with MDS and other partners….”

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