Global provider of trust, corporate and fund services ZEDRA has finalised the acquisition of Malta-based independent corporate service provider Quaestum Corporate Management following receipt of regulatory approval.
The financial terms of the deal were not disclosed and the deal was first announced in May this year.
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Quaestum managing director Jan Stockhausen said: “ZEDRA’s new Malta base will offer a range of advantages, particularly in the corporate services sector, where the local legislative regimes are well suited to the development of flexibility in structuring cross border transactions.”
Quaestum, established in 2012, offers bespoke corporate management solutions to facilitate tax planning strategies of entrepreneurs and corporations. The firm will now be merged into ZEDRA.
Quaestum will also retain its existing management team, with Stockhausen to become managing director of ZEDRA Malta.
ZEDRA CEO Niels Nielsen said: “We are delighted to welcome the staff and clients of Quaestum Corporate Management to the ZEDRA Group.
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By GlobalData“Coming on top of our recent office openings in Miami, Singapore and Luxembourg, our new base in Malta gives ZEDRA additional capability and potential to offer even more imaginative solutions to our clients, as we strive to do more and achieve more.”
ZEDRA also has presence in Jersey, Guernsey, the Isle of Man, Miami, the Cayman Islands, Australia, New Zealand, Hong Kong, Netherlands, Singapore, Luxembourg, the UK and Switzerland.
