Equiom, an Isle of Man-based corporate service provider, has acquired yachting and aviation specialist Intertrust Isle of Man for an undisclosed sum.
In addition to trust and company formation and administration services, Equiom has experience in other specialist sectors including yacht and aircraft management. The acquisition of Intertrust will significantly increase the fleet of yachts and aircraft managed by the company.
“Following the successful integration of a small book of business last summer, this acquisition is another major step forward for us and is very much in line with our stated strategy of acquisitive growth to support our successful organic growth,” says Sheila Dean, managing director of Equiom.
“This investment in our specialist yachting and aviation business line has reinforced our market leading position and will be of considerable support to our global partnerships in this business area,” she adds.
Intertrust Group is a leading global trust and corporate services provider with offices in the Americas, Europe and Asia. The Intertrust Isle of Man team specialises in yachts and aircraft and is headed by managing director Bruce Dutton.