11/2/2018, 2:24:42 PM | www.carwash.com | news

    Market Focus: McNeil to be acquired by Arch Capital

    McNeil & Co. has entered an agreement to be acquired by Arch Capital Group Ltd., a leading global insurer. The transaction is expected to close later this quarter, with McNeil retaining its identity and headquarters in Cortland, New York. The acquisition aims to enhance McNeil's business through Arch's capital and resources. Additionally, the article highlights other carwash industry updates, including Costco's first eastern U.S. carwash, Sgt. Clean's acquisition of a location, and Crew Carwash's charity donation to Gleaners Food Bank.

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