Minerva Holdings Ltd secured a deal on 14 June to acquire Professional Trust Company Ltd for ‘an undisclosed sum’, including Professional Trust’s operations in London and Zurich.
Minerva, which has offices in La Motte Street, provides trust and company administration to a global client base of wealthy individuals, together with fund administration services.
The company was formed in 2001 from the merger of City Management Ltd and Kingsridge Trustee Company (Jersey) Ltd, two Jersey firms whose origins go back to the late 1970s.
