By Yusra Barmaz
ZEDRA is delighted to announce it has finalised the acquisition of the Netherlands-based Allied Corporate Services (‘Allied’) following the approval of the DNB.
Allied, an independent trust and corporate services provider based in Amsterdam will be merged into ZEDRA’s growing international network, further strengthening its corporate and family business services across the region, with plans to double the size of the Dutch business over the next two to three years.
The merger will add value to Allied’s existing clients through ZEDRA’s global outreach, extensive network and broad range of services.
“We are delighted to have received the approval of this acquisition,” say Niels Nielson, ZEDRA CEO. “It is an important step in executing ZEDRA’s strategy and fits in perfectly with our aim to develop our business in carefully selected jurisdictions. Further expansion of our network in the Netherlands has been a key priority. We are confident that Allied’s team will add considerable value to our operations both here in the Netherlands and across ZEDRA’s global network, and will reinforce our capabilities in the corporate trust sector, in particular.”