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Jersey-Based Trust Firm Bulks Up With Fresh Acquisition
Tom Burroughes
23 July 2013
Jersey-based Nautilus Trust Company has
acquired New World Trustees (Jersey), which
Nautilus said forms part of its growth strategy and follows various acquisitions
in the jurisdiction over the past decade. The acquisition, the cost of which
was not disclosed, will see the company added 13 people to its team, bringing the
number of employees to 65. Nautilus was incorporated in 1999.
It specialises in setting up and running trusts and companies, and offers financial
solutions to assist with wealth management. New World Trustees was incorporated
in 1983.