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Tuesday, July 29, 2014

Cottrell trailers: Sold!

Well, sort of.

Just got this off the newswire:

Markel Ventures has acquired a majority interest in Cottrell and affiliated entities.
Danny ZinkCottrell's President and CEO, stated, "We wanted to find a partner that understood the way we do business and that would support us as we continue down the path we started on over 35 years ago. Markel is clearly that partner."
Thomas S. Gayner, President of Markel Ventures, added, "For 35 years Cottrellhas found success by staying close to its customers and by responding rapidly to their needs. Our approach allows Cottrell to continue doing exactly that as a permanent member of the Markel Ventures group of companies."
Headquartered in Gainesville, GeorgiaCottrell is a provider in the design, manufacture and delivery of over-the-road automobile transport equipment.
Markel Ventures is a subsidiary of Markel Corp.Markel Ventures makes strategic and generally controlling investments in businesses that operate outside of the specialty insurance marketplace.
Markel Corp. is a diverse financial holding company serving a variety of niche markets.

Source:  http://insurancenewsnet.com/oarticle/2014/07/29/markel-ventures-buys-cottrell-a-536682.html#.U9gyKPldV8E

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