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Markel Ventures acquires assets and operations of Solbern

 

Thursday, May 13,2010, 8:01:01 PM   Click:

Markel Ventures, Inc. has acquired the assets and operations of Solbern, LLC, a manufacturer of food processing equipment for both domestic and international markets. All the entities involved in the transaction are based in the US.

Markel Ventures is an investment arm of US-based property and casualty insurance holding company Markel Corporation.

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Completed: 2010-05-11

Deal Participants

Target (Company)   Solbern, LLC - Assets and Operations
Acquirer (Company) Markel Ventures, Inc.
Vendor (Company)   Solbern, LLC

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