Global broker Arthur J Gallagher & Co has acquired the remaining 60% of Perth broker Specialised Broking Associates (SBA).

SBA MD Andrew Godden was last month named CEO of Arthur J Gallagher Australasia.

The company acquired an initial 40% interest in SBA in October 2008. The company – which specialises in mining, energy, construction and corporate services – will now be known as SBA Gallagher.

Arthur J Gallagher Chairman, President and CEO Pat Gallagher says his company’s international growth strategy includes development of broker partnerships.

“SBA is a great example of that strategy in practice,” he said. “We began this partnership two years ago, and today SBA’s expertise in natural resource risk management as well as its geographic presence has become a great component of Gallagher’s international operations.”