RICHMOND, VA – Markel Corporation announced that its subsidiary, Markel Ventures, 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 that is utilized in the assembly of truck trailers, intermodal containers, and truck bodies.
Markel Ventures, Inc. is a wholly-owned subsidiary of Markel Corporation, a diverse financial holding company serving a variety of niche markets. Markel's principal business markets and underwrites specialty insurance products. Markel Ventures makes strategic and generally controlling investments in businesses that operate outside of the specialty insurance marketplace, according to the company
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