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 network.
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
The announcement in June that J and H is to set up its own
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