February 10, 2026
Translink Corporate Finance acted as the advisor to Reck & Co. on the sale to Gallagher Bassett, a subsidiary of Arthur. J. Gallagher & Co.
Translink Corporate Finance™ in Germany advised the shareholders of Reck & Co., a specialist provider of global transport and marine claims services including surveying, claim handling, recovery and loss prevention, on the sale to Gallagher Bassett, the claims and risk management solutions subsidiary of Arthur. J. Gallagher & Co. The deal marks a significant step in Gallagher Bassett’s growth strategy for the marine sector, following the company’s acquisition of global marine and transit claims manager W K Webster in 2025.
Former shareholders and business leaders from Reck & Co., Franz Kasten and Marc Friedrich will remain in their current positions and location under the direction of Manan Sagar, CEO of Gallagher Bassett Europe, Middle East and Asia (Gallagher Bassett EME&A).
Comments from Reck & Co.
Franz Kasten, Managing Director at Reck & Co expressed his excitement to join Gallagher Bassett, “Reck & Co. and Gallagher Bassett are both committed to designing tailored solutions that achieve quality outcomes, and the philosophy that client satisfaction is the best measure of success. It is this cultural alignment that assures me we will accomplish great things together.” He added, “The professionalism with which Translink Corporate Finance guided us through the complexities of the M&A process was impressive and very reassuring.”
Comments from Gallagher Bassett
Gallagher Bassett EME&A CEO, Manan Sagar, commented on how this transaction will drive the organisation’s growth: “Our objective is to establish ourselves as the leading global provider of marine and transit claims management solutions. The transaction adds scale and efficiency to our existing marine claims offering while also enhancing capabilities in recoveries, loss prevention and risk assessment. Reck & Co. also brings a strong geographic foothold in Europe, allowing us to offer our clients more comprehensive, localised solutions throughout the continent.”
Comments from Translink Corporate Finance
“It was a great honour for us to support the owners of Reck & Co. throughout the negotiations with Gallagher Bassett. We believe that this transaction has created an ideal foundation for future growth in Germany and across Europe for both companies. In particular, the strong cultural alignment between the two organisations stands out. We wish all employees at Reck & Co. every success and an exciting journey of continued development in the years ahead,” says Andreas Hüchting, Partner at Translink Corporate Finance Germany.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Translink Corporate Finance GmbH & Co. KG with its offices in Frankfurt Berlin, Bremen and Cologne covers Translink’s business in Germany, Austria, and Switzerland. It is composed of seasoned finance and M&A professionals who have in-depth experience in a variety of sectors and disciplines. Visit Translink Corporate Finance Germany
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