Tricor to acquire NZGT Holding.

Tricor, a business expansion specialist, agreed to acquire NZGT Holding, a holding company for Guardian Trust and Covenant Trustee Services, corporate supervisory services providers. Financial terms were not disclosed. "We’re excited to welcome Guardian Trust and Covenant to the Tricor family and have been very impressed with the local management team led by NZGT Holdings CEO Harry Koprivcic. The addition of Guardian Trust and Covenant to Tricor’s corporate trust business practice will enable us to enhance our client proposition and offer market-leading trust solutions in New Zealand and across Australasia and Asia-Pacific," Lennard Yong, Tricor Group CEO.