SGG Group acquires Cim Global Business in Mauritius

en

SGG Group is pleased to announce the acquisition of Cim Global Business in Mauritius.

<< Back
14/03/2017 |
  • SGG Group

Cim Global Business is a leading provider of corporate, trust and fund administration services with offices in Mauritius, South Africa and Singapore. The company has a dedicated workforce of more than 250 people committed to the success of its international clients. Through this strategic acquisition, SGG Group will establish a strong presence in the attractive African and South-East Asian markets which have experienced significant growth and are becoming a more important part of the platform of services offered by the SGG Group. The transaction is expected to complete in Q2 2017 and is subject to regulatory and shareholder approval. 

Cim Global Business provides corporate, fund administration, trust and fiduciary services as well as professional services outsourcing solutions to institutional investors, asset managers, private equity fund managers, development finance institutions, sovereign wealth funds, banks, hedge funds and high net worth individuals. With an increasing need for expertise in fund administration, the acquisition of Cim Global Business enables SGG Group to strengthen its reach and existing capabilities in this growth market and become one of the global leaders in servicing its fund clients.

To ensure the seamless integration of Cim Global Business, the company will be rebranded as part of SGG, allowing the combined group to pursue its business development strategy by expanding its range of services and geographies.

Graham Sheward, Managing Director of Cim Global Business, said "We are pleased to be joining forces with such a renowned international group. We look forward to bringing our expertise and platforms together with the SGG Group and to combining our existing range of services, outstanding teams and geographical footprint. In partnership with SGG, Cim Global Business will be able to expand its servicing capabilities, allowing us to better serve our growing base of clients and further develop our focus on fund administration and servicing corporates and investors in the exciting African and Asian markets.”

Serge Krancenblum, SGG’s Group CEO continued, "We are very excited to find in Cim Global Business a team of professionals that are highly praised by their clients and the market for their level of expertise across a broad range of services. We add to our group impressive platforms in Mauritius, Singapore and South Africa that will further strengthen our servicing capacities and reinforce the focus on fund administration. Cim Global Business management team share our growth ambitions and are equally passionate about supporting the needs of our clients.”

Back to top  | << Back

Communiqués liés

SGG Group
14/03/2017

SGG Group acquires Cim Global Business in Mauritius

SGG Group is pleased to announce the acquisition of Cim Global Business in Mauri...

SGG Group
SGG Group
17/07/2014

SGG Luxembourg licensed as a professional depositary of alte...

The Management Committee of SGG Group is proud to inform you that SGG Luxembo...

SGG Group
Award Collected by Stephane Haot
12/12/2013

SGG awarded "Best Corporate Trust Services 2013 Provider"

SGG was presented, for the third consecutive year, with the “Best Corpo...

SGG Group
SGG Group
18/11/2013 Personnalités

SGG: Stéphane Haot appointed Group Chief Commercial Officer

I am delighted to inform you that Stéphane joined our Group Management...

SGG Group

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more