Mercer buys consultancy

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GERMANY - Mercer has acquired Höfer Vorsorge-Management, a German actuarial and retirement consulting firm, expanding its 300-strong employee base to more than 500.

Mercer said the acquisition would also see it expanding to five additional offices in Berlin, Karlsruhe, Leipzig, Mülheim and Wiesbaden. Michele Burns, global chairman and chief executive offic...

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