Swiss trust company makes Hong Kong acquisition

04/10/2018 News Team

Alpadis Group, a Swiss corporate and bespoke fiduciary services provider, has acquired Louvre Fiduciary (HK) Limited in Hong Kong, part of Guernsey-based fiduciary firm Louvre Group, pending regulatory approval. 

Alpadis Group will take on Louvre Fiduciary (HK) Limited’s customer base, which includes local firms, international multi-national companies, and individuals, the group stated. Furthermore, the partnership with Louvre Fiduciary (HK) Limited will allow Alpadis Group to handle clients referred to from Louvre Group’s international offices.

Alpadis said the expansion will allow the firm to increase its services in Hong Kong and expand into new sectors following the recent appointment of Samy Reeb as managing director of Alpadis Trust (HK) Limited, who leads the trust and wealth planning segment of Alpadis Group in Hong Kong. 

Alain Esseiva, chief executive of Alpadis Group said: “Hong Kong is one of the biggest growth areas for Alpadis Group and we have enjoyed significant interest in corporate and wealth preservation services in what is one of Asia’s biggest financial services. 

“We will be able to provide a range of wealth and corporate services to more firms, family offices and individuals, and also expand into newer sectors such as insurance with the new capabilities that we have.”

Alpadis Group is an independent and privately-owned Swiss-based group that provides multijurisdictional corporate and bespoke fiduciary services with offices in Switzerland, Singapore, Hong Kong and Labuan (Malaysia).

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