Trust, corporate and fund services provider ZEDRA has launched a new office in Zug, Switzerland.
The new branch marks the firm’s third location in Switzerland, the other two being Zurich and Geneva.
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ZEDRA managing director of Zurich operations Vadim Neumann said: “Since opening our Geneva and Zurich bases we have seen a rapid growth in new business, much of which requires specialist support.
“This new office will increase our ability to offer clients an end to end Swiss corporate services product, all from within the ZEDRA network, something which we know our global client base requires.”
The Zug office will provide company registration, accounting as well as legal services. All the three Swiss offices of the firm are said to work closely.
ZEDRA managing director for Switzerland Stuart McLuckie said: “Our new Zug office will give us the additional means to support a range of specialist Swiss corporate business.”
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By GlobalDataIn addition to Switzerland, ZEDRA has operations in Cayman Islands, Hong Kong, Isle of Man, Jersey, Luxembourg, Miami, Netherlands, New Zealand, Singapore, and the UK.
The branch expansion comes shortly after private equity firm Corsair Capital acquired a majority stake in ZEDRA. At that time, ZEDRA said that the investment will fund its growth and global expansion strategy.
