Hawksford, a Channel Islands' independent trust company, has acquired L-S&S GmbH, based in Zurich, Switzerland along with its New Zealand trust company.
Hawksford says this latest acquisition forms a significant part of its growth strategy and follows its move into the Middle East where it opened a Dubai office earlier this year.
Former senior partner of PwC Channel Islands, Philip Taylor, has been appointed as Chairman by Hawksford to assist the company with its global expansion.
Since it was established in 2008, Hawksford says its focus has been on growth, both organically and through global expansion. Acquiring L-S&S GmbH makes “significant strides to achieving the company’s growth targets.”
“Our recent acquisition in Switzerland will ensure that Hawksford’s clients, and those of L-S&S GmbH, will have access to an even wider resource pool of experts across multiple jurisdictions – an opportunity we view as a great positive.
As the firm’s global footprint increases, so too will awareness of our unique service offering.
We are delighted to welcome Geoffrey Shindler, Tim Urquhart, James Norman and Nicole Noti to the team,” said Chief Executive Peter Murley.
L-S&S GmbH will continue trading in Switzerland under its existing name.
The firm provides specialist advice on all aspects of wealth planning and structuring, particularly using international and offshore trusts, private trust companies and other asset-holding structures.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till