Marsh & McLennan Unit Mercer Buys Denarius

(RTTNews) - Mercer, a subsidiary of Marsh & McLennan Companies (MMC), said Monday that it has acquired Denarius, a compensation and benefits survey and information products consulting firm based in Santiago, Chile.

The acquisition further strengthens Mercer's capabilities in Chile, building upon strong relationships the firm has with multinationals and expanding Mercer's business with Chilean-based business organizations that rely on the expertise of Denarius.

The Denarius senior management team joining Mercer includes Gloria Landabur, Denarius General Manager, who will continue leading the Denarius organization, now reporting to Pablo Garcia Yañez, Chile Country Manager and Talent Leader, and Javier Tabakman, Latin America Talent Leader.

Terms of the deal were not disclosed.