Proventis Partners advised GBH Group

The traditional insurance brokerage company GBH Group, based in Hamburg, becomes part of the GGW Group. Both parties see this as an excellent basis for further joint growth in a changing market environment in order to become the leading medium-sized insurance broker in Germany.

“The merger with the two traditional companies GGW and BDJ, which have been friends for decades, gives us the unique opportunity to join forces in the interest of our employees and customers and to benefit from the considerable synergy potential. At the same time, we will remain owner-managed and will not only maintain our culture, which has been successfully practiced for many years, as well as all our locations in the future, but also expand them in the future,” explains Malte Mengers, Managing Partner of the GBH Group, which includes other companies, such as the broker Gaedertz-Schneider from Tueschenbek near Lubeck, which specializes in agricultural risks.