Mercer, a business of Marsh McLennan, has successfully completed the acquisition of Cardano, enhancing its position as a leading provider of pension services and investment solutions for institutional investors. This strategic move expands Mercer’s reach in the UK and Netherlands, particularly in the pension advisory and investment sectors. By incorporating
The acquisition will bring more than 550 employees from Cardano into Mercer’s fold, strengthening its presence in London, Nottingham, and Rotterdam. Michael Dempsey, President of Mercer’s Wealth division, emphasized that this transaction enables the firm to deliver greater value and address the complex challenges faced by clients. Benoit Hudon, Mercer’s UK President and CEO, highlighted that this acquisition will allow Mercer to better fill the savings gaps in the UK market, offering a comprehensive suite of pension and investment services.
