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SGG and Claude Zimmer’s group join forces
SGG is pleased to announce the acquisition of LuxGlobal Trust Services in Luxembourg and a global partnership with Zimmer & Partners SA.
Founded in Luxembourg in 2009 by Mr. Claude Zimmer, LuxGlobal Trust Services (LGTS) is a Professional of the Financial Sector (PFS). The company’s main areas of expertise are corporate and trust services, wealth planning and fund services. Thanks to the combination of the service offering with Zimmer & Partners SA, LGTS quickly established itself on the Luxembourg market as a unique proposition and as a reference for tax, estate planning and administration solutions for entrepreneurs, ultra-high-net-worth families and corporate clients.
This acquisition - which is subject to CSSF approval - is another important stage of our expansion plans and ambition to become a leading global player in investor services. More specifically, this addition will strengthen the Group’s capacity to service entrepreneurs and ultra-high-net-worth families in Luxembourg and abroad.
Serge Krancenblum, SGG's Group CEO, shared, "This is a very important step for the development of our private clients offering, in Luxembourg and beyond. We have clearly stated our growth objectives in this core segment and strive to complement our offering and capabilities with local well-established players that have built highly reputable and sustainable businesses, and Claude Zimmer and his team are among such professionals in Luxembourg. They have a truly impressive portfolio of clients and the feedback we received from them on the level of service quality is remarkable. I am truly pleased to have them onboard and as part of the SGG team."
Claude Zimmer, Founder & Director of LuxGlobal Trust Services added, “We were looking for a partner firm that would allow us to expand our ability to best serve our growing international client base, while continuing to be very close to all our clients. From the beginning of our discussions with SGG, it was clear that we were aligned due to the firm's strong Luxembourg roots, their understanding of and history of excellence in serving private clients, as well as their international presence and entrepreneurial spirit.”
Pascal Rapallino, SGG’s Group Private Clients Solutions Leader concluded: “The know-how of Claude Zimmer and his team will further reinforce our capacity to provide value-added services to our private clients, such as wealth planning, private equity and real estate support and family governance. On our side, we will be able to offer LGTS clients a truly extensive international platform that can support them globally with the same high quality service they are used to. There are a lot of positive synergies among our teams and our clients will be the first to benefit from them."
SGG Group is a European leader of investor services which include administrative and accounting solutions to investment funds, multinational corporations and family offices. Our flat management structure and our top management’s hands-on approach allow for quick decision making and an efficient escalation process whenever needed. In an industry where time is critical, responsiveness at all levels of the organization is essential for our clients and for our trademark.
For more information on SGG Group, please visit www.sgggroup.com
About LuxGlobal Trust Services
LuxGlobal Trust Services is an independent group of companies providing corporate & trust services for Entrepreneurs and Ultra High Net Worth Families. LuxGlobal Trust Services S.A. is a Luxembourg professional of the financial sector and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
For more information on LUXGLOBAL TRUST SERVICES S.A., please visit www.luxglobal.lu