Markel Corporation announced that Ellicott Dredge Enterprises, LLC, a Markel Ventures company, has acquired the European and U.S. operations of Rohr Bagger GmbH and its affiliates. Terms of the transaction were not disclosed.
The Rohr companies are leading manufacturers of automated floating clamshell and bucket ladder dredge systems for the sand and gravel and aggregates industries.
Ellicott is a world leader in the portable dredge design and manufacturing industry with customers in over 80 countries.
Markel Corporation is a diverse financial holding company serving a variety of niche markets. In each of these markets, Markel seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value.
[mappress]
Source: markelcorp, March 23, 2011