Jersey based Nautilus Trust Company Limited has acquired New World Trustees (Jersey) Limited. The acquisition forms part of the company’s growth strategy and follows various acquisitions in Jersey over the past 10 years.
The acquisition will see the company strengthen its team by 13, bringing the number of employees to 65. ‘The acquisition of New World Trustees will give our clients, and those of New World Trustees, access to a greater pool of experts. We are focused on delivering clients an exceptional service through a robust and dynamic regulatory framework and this acquisition will help us to continue doing so,’ said Jason Cowleard, managing director of Nautilus Trust. Nautilus was incorporated in 1999 and has grown from a team of two to 51 through organic growth and a series of acquisitions.
Nautilus is an independent trust company based in Jersey and boasts a client-focused team offering flexible solutions to clients around the world. The company specialises in the establishment and management of trusts and companies, and also offers an exhaustive list of comprehensive financial solutions to assist with wealth management.
‘While we continue to explore our growth strategy and are looking at other international acquisition targets, it is equally important that we maintain our client focused working ethos and continue to sell our people, and not just our products. Our controlled expansion over the last 14 years is evidence of the continued high level of service that we offer,’ added Mr Cowleard.
‘Nautilus Trust has an established reputation for offering clients the highest standards of service and for this reason I’m delighted that New World Trustees is becoming a part of the Nautilus Trust story. This is a great step for us and I very much welcome this opportunity,’ said Paul Wojciechowski, managing director, New World Trustees.
New World Trustees was incorporated in 1983 and has been providing structuring solutions for its clients for 30 years.