03.11.2010

Cobepa acquires a majority stake in SGG

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On 3 November 2010, Cobepa signed an agreement to acquire a majority stake in SGG, a major player for corporate, fund and family office services.

Cobepa has signed today an agreement to acquire a majority stake in SGG further to the disposal of BIP Venture Partners’ participation. This transaction is subject to the approval of the CSSF, the Luxembourg financial regulation authority, and should be effective before year-end.

The entire management of SGG remains strongly invested alongside Cobepa.

SGG, a market leader in Luxembourg for over 50 years, has developed a global expertise in the field of Corporate and Family Office services for funds, international companies and high net worth families.

The partnership with Cobepa reinforces the development perspectives of SGG and its ability to continue to be a leading, independent and strong player in the trust services sector.

www.sgg.lu

Company: 

Cobepa S.A.

Cobepa S.A.
Rue de la Chancellerie 2, box 1
1000 Brussels
Belgium
Tel: 
+ 32 2 213 32 10
Fax: 
+ 32 2 513 17 02

Cobepa North America Inc.

Cobepa North America Inc.
Tower 49
12 East 49th Street
New York, NY 10017
United States
Tel: 
+1 (646) 679 5177

Ibel Beteiligungsberatung GmbH (Member of Cobepa Group)

Ibel Beteiligungsberatung GmbH
Theresienstrasse 1
80333 München
Germany
Tel: 
+32 2 213 32 10