David Olsen, chairman, president and ceo of Johnson and
Higgins (J and H) describes 1990 as "a year of transition," but
perhaps traumatic is a better way of describing the events of
last year. J and H were "upset and disappointed" by Willis
Faber's merger with Corroon and Black, ending the special
relationship and leaving a large hole in the Unison
But it seems that J and H have put the divorce behind them
and are concentrating on strengthening the Unison network. Mees
and Zoonen, the Dutch partner, was put up for sale by ABN Bank,
and with Marsh and McLennan interested, J and H had little
option but to buy, to keep the Union partner within the
network. Although J and H's hand was forced, the result is
clearly beneficial for J and H.
The announcement in June that J and H is to set up its own
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