Volaw Trust & Corporate Services Limited
(“Volaw”) has merged with the Europlan Group (comprising Europlan Financial
Services Limited and Europlan Fund Administration Limited).
The merger completed on 19 September 2012.
From that date the combined business is operating under the Volaw brand.
Volaw is
considerably the larger of the two merger partners, and the combined business
comprises almost 100 employees.
Advocate Ian Strang will continue as Volaw’s
Chairman and Robert Christensen as Volaw’s Group Managing Director, with Europlan
Chairman Michael Dee and Managing Director Ben Warner joining Volaw’s board.
The two companies have some shared heritage –
both were set up by Advocate Michael Voisin; Europlan was established by him in
1974 but sold just a year later; and Volaw was set up by Advocate Voisins law
firm, Voisins, in 1982.
Europlan is principally a private client orientated
business. Volaw carries out a mixture of
private client and corporate business, with a particular speciality in middle
eastern structures.
The merger of the two companies follows a
trend for consolidation in offshore fiduciary business and makes the combined
business one of the larger independently owned Jersey based trust companies.
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