Tuesday, 25 September 2012

Volaw and Europlan Merge


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.

No comments:

Post a Comment