Equiom Group acquires Ardel Trust Company (Guernsey)

Posted: 10/03/2015

Trust and corporate services provider, Equiom Group, has announced the acquisition of Ardel Trust Company (Guernsey).

Ardel was established in 1974 to offer a range of specialist trust and corporate services to private and corporate clients.

Sheila Dean, Equiom Group Managing Director commented: "This is our first acquisition in Guernsey and it supports a key strategic aim of the Group which has been to increase our footprint in the Channel Islands. We believe that the team at Ardel has the same client service ethos as we do and we are pleased to welcome them to the Equiom family. We will be working very closely with the senior team at Ardel to ensure that the integration is as seamless as possible for both clients and staff."

Equiom first established itself in the Channel Islands with its Marine and Aviation Services Company in 2009 and latterly acquired Andium Trust Company in September 2012. Since then, Equiom Group has grown from 80 to over 300 employees and expanded across five jurisdictions, including the Isle of Man, Jersey, Guernsey, Malta and Hong Kong.

Carey Olsen advised Ardel on the Guernsey transactional and regulatory aspects involved in the disposal of the company.

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