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Article: Peoples Bancorp Acquires Barengo Insurance Agency.
- Article from:
- PR Newswire
- Article date:
- June 1, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Peoples Bancorp Inc. announced that its insurance subsidiary, Peoples Insurance Agency, Inc., has acquired the Barengo Insurance Agency, a full-service insurance agency that offers a wide range of property and casualty, life, and health insurance to both commercial and individual clients.
The transaction includes the right to use the company's name ("Barengo Insurance Agency"), which will operate as a division of Peoples Insurance Agency. The acquisition is consistent with Peoples Bancorp's strategy of diversifying its business mix into financial services that complement core banking operations.
"It was an easy decision to join forces with the Barengo ...