Cobepa sells SGG to Astorg-Partners and management

fr en

SGG, one of the leading independent Trust & Services providers in the Benelux, has been sold by Cobepa to Astorg-
Partners (“Astorg”) and SGG’s management for an undisclosed amount.

<< Back
  • SGG

Established in 1953, and headquartered in Luxembourg, SGG is a leading independent Trust & Services provider in
Luxembourg, the Netherlands and Curaçao with c.550 professionals. It offers a comprehensive range of value-added services, providing tailored solutions primarily focused on corporate and institutional clients and the family offices segment.

During Cobepa’s ownership, SGG has grown rapidly through a combination of organic growth and a successful buy-and-build strategy that allowed SGG to more than double its revenues over the past 5 years. Over this period, the company has transformed into a well-integrated multi-jurisdictional and multi- service offering organization, with a worldwide network of representation offices and managed trust offices.

Jean-Marie Laurent Josi, Managing Director of Cobepa said: “Together with management, we have been able to transform SGG into one of the leading players in the Benelux with a solid international platform. After 5 years of successful collaboration with management, we believe SGG is now ready for its next phase of development with a new shareholder and we are pleased that Astorg has agreed to continue that journey with management.”

Serge Krancenblum, CEO of SGG said: “I would like to thank Cobepa for its support in developing SGG over the last five years. On behalf of SGG’s management team and employees, we welcome Astorg as our new main shareholder. With Astorg’s support, we aim to accelerate SGG’s growth through the launch of new services and further expansion into new jurisdictions.”

François de Mitry, Partner at Astorg Partners said: “We are extremely impressed by the evolution of SGG over the last years and are fully committed to backing the existing management team in executing its growth ambitions.”

Parties involved:

  • Jean-Marie Laurent Josi, Dirk Broekhuyse, Xavier de Walque, Arnaud de Cartier d’Yves
  • Financial advisors: Leonardo & Co. and ING
  • Legal advisor: White & Case
  • Due diligence advisor: Deloitte

Astorg Partners:

  • François de Mitry, Judith Charpentier, Benjamin Cordonnier, Thomas Carbonel
  • Legal advisor: Latham & Watkins
  • Due Diligence advisors: Ernst & Young, McKinsey & Company, Loyens & Loeff, Marsh
Back to top  | << Back

Communiqués liés


Les emballages responsables de NO-NAIL BOXES au LogiMat

Vous êtes à la recherche d’une solution d’emballage responsable ? Alors, ...


Première édition des Roues Ovales Luxembourgeoises – Tou...

DSM Avocats à la Cour, en collaboration avec ROTOMADE, Degré110 et Backtosport...


Clifford Chance advises the EIB on its first GBP-denominated...

International law firm Clifford Chance has advised the European Investment Bank ...

Clifford Chance
Jan Saalfrank HD small
01/02/2023 Personnalités

Pinsent Masons renforce son bureau luxembourgeois avec l’a...

Pinsent Masons renforce son bureau luxembourgeois avec l’arrivée de Dr. Jan S...

Pinsent Masons
Jean-Daniel Zandona (002)
30/01/2023 Partenariat

Arab Bank (Switzerland) Ltd. signs up with Apex Group’s di...

European Depositary Bank (“EDB”), the Luxembourgheadquartered provider of ba...

NumericALL Logo

Lancement du premier Bootcamp « Low Code »

Un bootcamp nouvellement créé pour initier les entrepreneurs et les informatic...


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