Metromont to sell majority stake to insurance-rooted holding company

Sources: Markel Corp., Richmond, Va.; CP staff Greenville, S.C.-based Metromont LLC, a top five precast, prestressed producer operating six plants from Virginia to Florida, has entered a definitive agreement to sell a majority interest to Markel Corp., an old-line, specialty insurance provider with namesake Ventures subsidiary. The latter functions as a holding company with long term investments in businesses serving…

Read More