Aon Risk Solutions on Wednesday annouced it had acquired Lima, Peru-based Graña y Asociados as part of a push to expand its reach in Latin America.

Terms of the deal were not disclosed.

"Latin America is one of the fastest-growing regions and a key area of focus for Aon and our clients," says Michael O'Connor, chief executive officer of Aon Risk Solutions, in a statement annoucing the acquisition. "Graña is a market leader in Peru, with deep expertise in the construction and mining industries. Their local knowledge and expertise, combined with Aon's global strength, will empower results for clients in Peru."

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