Markel Acquires Havco
April 20, 2012
Markel Ventures, a Markel Corp. subsidiary, has acquired a majority interest in Havco WP LLC, a privately held company headquartered in Cape Girardeau, Mo.
Havco is a manufacturer of laminated oak and composite wood flooring used in truck trailers, intermodal containers and truck bodies.
Markel Ventures is a wholly owned subsidiary of Markel Corp., a financial holding company serving a variety of niche markets. Markel's principal business is marketing and underwriting specialty insurance products. Markel Ventures makes strategic and generally controlling investments in businesses that operate outside of the specialty insurance marketplace.