ZEDRA officially completed today on its acquisition of the Barclays UK Trust business.
This development marks another step in our growth plan offering clients a balanced and global geographic reach.
This is an important strategic acquisition for ZEDRA. The new office will increase the firm’s size by around a quarter and at the same time, open up important new business opportunities for the group in the UK. The acquisition will make ZEDRA one of the largest onshore trust companies in the UK.
The UK Trust business offers a professional trustee and executor service in connection with wealth and succession planning. Existing clients of the business will continue to be looked after by the current staff operating out of their existing offices, ensuring minimal disruption to day-to-day activity.
From today, ZEDRA has grown to a 500 strong team, united in creating and delivering bespoke solutions for our clients.