Markel Announces Acquisition of Panel Specialists, Inc.
October 30 2009 - 2:41PM
PR Newswire (US)
RICHMOND, Va., Oct. 30 /PRNewswire-FirstCall/ -- Markel Corporation
(NYSE: MKL) announced today that its Markel Ventures subsidiary had
acquired Panel Specialists, Inc., a privately held company based in
Temple, Texas that manufactures panels, wall systems, casework,
furniture, and countertops and other stone-related products. Terms
of the transaction were not disclosed. Markel Ventures owns and
manages the affiliated investment activities of Markel Corporation.
Markel Corporation markets and underwrites specialty insurance
products and programs to a variety of niche markets. In each of
these markets, the Company 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
profits and superior investment returns to build shareholder value.
Visit Markel Corporation on the web at http://www.markelcorp.com/.
DATASOURCE: Markel Corporation CONTACT: Bruce A. Kay of Markel
Corporation, +1-804-965-1720 Web Site: http://www.markelcorp.com/
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