Continental Capital buys Sky finance-service units

3/17/2001

Continental Capital Corp. of Sylvania has bought two finance-services units from Sky Financial Group, Inc., the largest locally based bank holding company.

Sky, of Bowling Green, sold its Sky Investments, Inc, a brokerage, and Sky Insurance Agency, Inc., Continental Capital announced yesterday. No immediate changes are planned at either business, including retaining Robert Gioia as president and chief executive of both business units, Continental Capital said in a statement.

The two Sky units will change their names during the next 12 months, the statement said.