Hewitt Associates (HEW) Acquires Remaining Shares of BodeHewitt in Germany
Hewitt Associates (NYSE: HEW) has acquired the remaining interest in BodeHewitt AG & Co KG, a German pensions and benefits consulting specialist, from Bayerische Hypo- und Vereinsbank AG (HVB). Together, BodeHewitt and Hewitt will have 230 associates working from offices in Munich, Stuttgart, and Wiesbaden. BodeHewitt is the leading benefits consulting firm in Germany, advising more DAX30 companies than any other firm. It also serves as the actuary to many mid-size and smaller companies, as well as a variety of other pension schemes in Germany.
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