ZEDRA, a provider of independent trust, fiduciary, corporate and fund services, has agreed to acquire Interconsult, Luxembourg International Consulting, for an undisclosed sum.

Founded in 1992, Luxembourg-based Interconsult is a founder member of Luxembourg International Management Services Association, and offers corporate, administrative and fiduciary services to corporate as well as private clients.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

ZEDRA said that the deal will expand its global footprint to 11 jurisdictions and its workforce to about 380 worldwide.

Interconsult will be fully integrated into ZEDRA's network of office after completion of the deal, which is subject to regulatory nod.

ZEDRA group CEO Niels Nielsen said: "As we grow our offices and develop our operations, we need to be where our clients want to do business.

"Luxembourg is that place and therefore constitutes a natural extension for us. It will be a key part of our global network and an important hub for us to provide trust, corporate and fund trust services to our clients, irrespective of their domicile."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Interconsult managing director Federigo Cannizzaro di Belmontino will retain his existing role after the takeover and will continue to be supported by 20 local staff. Frank Walenta, who recently joined Interconsult as its commercial director, will also remain at the firm.

ZEDRA managing director Federigo Cannizzaro di Belmontino said: “The merger will strengthen ZEDRA's presence in the market and we look forward to being a part of ZEDRA as it continues to grow. We are confident that our long standing industry experience in Luxembourg is a perfect fit with ZEDRA's service offering in strategic places across the world."