Markel Group and Valor Environmental Announce Majority Investment in Valor
Markel Group Inc. (MKL)
Last markel group inc. earnings: 4/28 04:54 pm
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US:NYSE Investor Relations:
markelcorp.com/investor-relations
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Source: PR Newswire
RICHMOND, Va., June 25, 2024 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) and Valor Environmental announced today that they have entered into a definitive agreement for Markel Group to acquire a majority interest in Valor and its related operating companies. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024. Additional terms were not disclosed.Valor is an environmental services company, providing erosion control and related services to commercial development sites and homebuilders throughout the United States. The Valor story began in 2003 when its founder purchased a street sweeper on a second mortgage to service homebuilding sites. Since then, Valor has grown to a team of over 700 people serving over 2,000 customers.Markel Group's expansion into new industries began nearly two decades ago, building upon the financial and cultural strength of its insurance business. With the addition of Valor, that effort, known as Mark
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MKL
News
- Markel appoints Jennifer Gebran as Head of Casualty in MENA regionPR Newswire
- Markel appoints Jennifer Gebran as Head of Casualty in MENA regionPR Newswire
- Phil Schmidt named Markel's Chief Strategy OfficerPR Newswire
- Phil Schmidt named Markel's Chief Strategy OfficerPR Newswire
- Markel Group and Valor Environmental Announce Majority Investment in Valor [Yahoo! Finance]Yahoo! Finance
MKL
Earnings
- 5/1/24 - Beat
MKL
Sec Filings
- 6/17/24 - Form 4
- 6/17/24 - Form 4
- 6/17/24 - Form 4
- MKL's page on the SEC website