Alex Sun, Mitchell International’s President & CEO noted, “We are excited to extend our five year relationship with GT Motive and we confident that together we can continue to bring innovation to the European market. In this period, Mitchell International has also become a giant of the P&C industry, surpassing the 1 billion $ barrier, after its recent merger with Genex, a best-in-class clinical solutions provider in US. During the five years of joint venture they have doubled the size of GT Motive, which today is close to 20 Million Euros in revenue. Ángel Martínez, CEO of the company commented, “The passion that has moved GT Motive from the very beginning to provide information in a simple, accurate and extended way, is enhanced by the capabilities offered today by technology, which allows quick and affordable innovation”. The two shareholders of GT Motive have decided to extend their joint venture to continue developing the business together over the coming next years, leveraging the local market knowledge of the founding partner Einsa Group and the cutting-edge technology of the North American leader in the P&C industry Mitchell International. In this renewed partnership, Ángel Martínez is to take over from Pepe Castelo as General Manager of the company. GT Motive shareholders are excited to announce an extension of the joint venture with Mitchell International to further develop the European market, where the company has doubled in size over the last five years.
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