Guernsey-based Imperium Group has bought Nightingale Trustees SA (NTSA) in Geneva, Switzerland.
Swiss regulators have approved the deal, which the company says will help Imperium grow internationally and strengthen its client services in Switzerland.
NTSA will soon be renamed Imperium, and Imperium’s MD David Gilmour will join the Swiss board. NTSA’s current Geneva team will stay on as part of the move.
“We are excited to welcome NTSA to the Imperium family,” said Mr Gilmour. “This acquisition enhances our international offering and allows Imperium to expand our fiduciary services into the Swiss market which has been an aim of the Group for some time.
“We remain committed to delivering the highest standard of service and look forward to working closely with our clients and partners in Switzerland and beyond.
“While the acquisition marks an exciting new chapter for both Imperium and NTSA, clients can expect no material changes to the day-to-day operations, and the team in Geneva remains dedicated to maintaining the high level of service and commitment that has defined NTSA for years.”