Johnson & Johnson Inc. is set to acquire the assets of Erickson-Larsen, Inc., a wholesale insurance firm with offices in Maple Grove, Minnesota, and Fargo, North Dakota. The deal is expected to close on August 1, 2025, expanding Johnson & Johnson’s reach into the Upper Midwest.
Erickson-Larsen works closely with independent retail insurance agents across six states: Minnesota, Montana, North Dakota, South Dakota, Wisconsin, and Wyoming. The company is well-known for its expertise in Transportation insurance products but also offers a wide range of coverage options for various needs.
Johnson & Johnson, a family-owned managing general agency based in Charleston, South Carolina, has been in business since 1930. The firm focuses on supporting independent agencies with quality service and products. By acquiring Erickson-Larsen’s assets, Johnson & Johnson will bring a broader selection of insurance products and services to the agents and customers in Erickson-Larsen’s core markets.
This move not only strengthens Johnson & Johnson’s footprint in the Midwest but also helps them serve a wider network of independent agents with more options. Both companies look forward to a smooth transition and continued growth through this new partnership.