ZEDRA to acquire LJ Fiduciary.

ZEDRA Group, a specialist in trust, corporate and fund services, agreed to acquire LJ Fiduciary, a provider of fiduciary and administration services, from Alvarium, an investment firm. Financial terms were not disclosed. "This acquisition will give us an important opportunity to fast track our growth by diversification into different client segments in these two jurisdictions, Switzerland and the Isle of Man. It will reinforce mutual strengths and strong existing market positions. LJ Fiduciary has a first-class client and staff base and we look forward to welcoming both into the ZEDRA Group," Ivo Hemelraad, ZEDRA Group Director.