National broking network OAMPS has snapped up ZIB Group Holdings, boosting its share of small and medium enterprise and specialty markets.

ZIB, formerly part of the Swiss-owned international Zuellig broking group before a management buyout turned it into a privately owned brokerage, handles about $90 million in premiums annually. It has net revenue of more than $14.5 million from broking and more than $5 million from underwriting.

OAMPS will acquire all ZIB operations bar 49% of the marine business, which is staying with the group’s divisional managers.

OAMPS Group CEO Tony Robinson says the acquisition means acquiring more than 90 skilled staff and a customer base familiar to OAMPS. Pending due diligence, the deal is expected to be settled in December.