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Howden acquires Matrix Turkey

Operating under Howden Group Holdings, Howden Turkey bought Matrix Turkey Insurance and Reinsurance Brokerage.

Howden acquires Matrix Turkey

Howden Turkey acquired Matrix Turkey, which has been operating in Turkey since 2014 and specializes in reinsurance and specialized brokerage.

Making evaluations about the investment they have made, Howden Turkey, Middle East and Africa Regional CEO Atınç Yılmaz stated that they have purchased 100% of Matrix Turkey and that Howden Turkey's sales range will expand with this acquisition.

“We will continue to grow organically”

Stating that investment efforts will continue in line with their growth plans, Yılmaz said: “We will continue to grow organically, in line with our strategy of being the market leader and inorganic, by incorporating dynamic companies that comply with our strategic growth targets and our entrepreneurial corporate culture, adopt the customer-first and human-first philosophy. By adding Matrix Turkey, which has been operating successfully in Turkey for 7 years, to the Howden family, we have opened new solution-oriented service areas to our customers and business partners. We will continue our investments in line with our structuring in Turkey.”

Kadri Solmaz, General Manager of Howden Matrix, stated that they are very pleased with the cooperation they have made with Howden Turkey, and that by joining the Howden family, they will create an extra opportunity for their customers in terms of international expertise, financial power and access to global markets.

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