Consol Energy Inc., a Pennsylvania-based coal-mining
firm, bought Amvest Corp. of Charlottesville for
$335 million, along with Amvest’s subsidiaries
Amvest West Virginia Coal and Vaughan Railroad Co. Consol
did not buy Amvest’s natural gas business or its
headquarters location. Among other assets, Consol gains
200 million tons in coal reserves through the transaction. (The
Daily Progress)
Hilb Rogal & Hobbs Co., an insurance and
risk management broker headquartered in Richmond, bought
The Resource Group LC, an employee-benefits brokerage
and consulting firm in Overland Park, Kan. (Business
Wire)
Stewart Wealth Management Group of Fredericksburg
merged with the Richmond investment firm Cary Street
Partners. Stewart Wealth serves a client base of
high net worth individuals, nonprofits and corporations.
The combined firm will have over $1 billion in assets
under management and serve 200 clients in 27 states. (Richmond
Times-Dispatch)
