Volaw is pleased to announce that it has signed a conditional agreement to acquire Continental Financial Services Limited with effect from 31 December 2013. From that date Continental Financial Services will, subject to the satisfaction of the conditions in the agreement, operate under the Volaw Group brand.
Continental Financial Services, which has been operating for over 30 years, will become part of the Volaw Group, which has been operating since 1982. The two businesses will comprise over 100 members of staff including directors, making it one of the largest independent fiduciary services companies in Jersey. Continental’s Managing Director, Richard Fagan will join Volaw’s board of directors, increasing the directorate to 12.
The combined business will operate from Volaw’s new offices at 37 Esplanade, St Helier. Volaw Group moved to 37 Esplanade in October 2013. Advocate Ian Strang and Robert Christensen will continue as, respectively, Volaw’s Chairman and Volaw Group’s Managing Director.
Robert Christensen commented:
‘I am delighted that the team from Continental Financial Services Limited will be joining the Volaw Group. This is a very positive development for Volaw and for Continental, for their employees and for their clients. Continental has a high quality client base that aligns well with our existing portfolio. The acquisition will enhance Volaw’s team and brings together a depth of experience and knowledge that will benefit not just Continental’s clients but also clients of the combined group. I am confident that together we shall swiftly integrate the Continental team within Volaw, without disruption to service to clients.’
Richard Fagan commented:
‘We are delighted to be joining Volaw Group. We genuinely believe that this move will benefit all our clients and we look forward to further strengthening Volaw’s offering.’
Category: Finance & Business