Thursday, 10 June, 2010

Vistra strengthens global position with acquisition in Malta.

Vistra is pleased to announce that it has acquired the Maltese financial service provider International Beneficiary Services Ltd (IBSL).

Founded in 2001 and originally forming part of the law firm of Griscti & Chetcuti, IBSL is regarded as one of Malta's leading corporate service providers, delivering personal and tailored solutions to high net worth individuals, international corporations and institutional investors. It will continue to trade as part of the Vistra Group offering:

Incorporation, administration, accounting, management and other corporate services for Maltese (holding/finance/royalty/shipping) companies;

Relocation services for EU and non-EU individuals and re-domiciliation services for companies who wish to establish a tax residency in Malta to benefit the favourable tax regime;

Set-up, re-domiciliation and administration of investment funds.

Chris Sammut and Joanna Agius, who were directors of IBSL, will lead Vistra Malta, together with Rubrecht Rosman, who will be appointed as director in Malta and also join the Vistra Group Executive board.

IBSL will shortly rebrand under the Vistra banner and all of its staff will become members of the Vistra global team.  

For further information, please contact Rubrecht on + 356 79 82 19 50 or by email atrubrecht.rosman@vistra.com

The full press release is available here.