New Acquisition for Vistra Group Announced in Belgium

GENEVA, October 15, 2012 /PRNewswire/ --

Vistra, the fast-growing corporate services, trust and fund administration Group, has announced the successful purchase of Corporate Services Belgium CVBA, a Belgian corporate services provider with offices in Brussels and Antwerp.

Earlier this year, Vistra announced other acquisitions in both Luxembourg and the Netherlands, to strengthen its growing operations in the Benelux countries. Corporate Services Belgium ("CSB") is a corporate services provider employing a range of specialist staff across two offices offering clients a range of legal, corporate, financial and administrative services. They focus on supporting clients seeking to create and manage corporate structures within Belgium.

Eric Hendrickx, managing director of CSB, will take over as managing director of Vistra's operations in Belgium and will oversee the full rebranding of the company to Vistra's identity before the end of this year. CSB clients will have access to the full range of services offered by the Vistra group from their international network.

Commenting on this latest deal, Bart Deconinck, Executive Chairman of the Vistra Group, said, "We are delighted to welcome the staff and clients of Corporate Services Belgium to the Vistra group. This acquisition in Belgium marks another step in our stated aim to create a world-leading player in the corporate services, trust and fiduciary industry, with a balanced and global geographic reach."

About Vistra Group

Vistra is a leading independent provider of trust, fiduciary, corporate and fund services delivering personal and tailored solutions to international corporations, institutional investors and high net-worth individuals from around the world.

Our clients can benefit from a multi-jurisdictional and personal approach, delivered by a team of professionals with an in-depth understanding of the often complex needs of every client. Our services include company formation and management, fund formation and administration, trustee services, family office, marine and aviation and accounting services.

Today Vistra employs around 350 employees in 23 offices covering 19 jurisdictions, with each of our offices providing the full range of fund, trust, corporate and estate planning solutions.

Vistra is a unique player in the trust and fiduciary industry, boasting the most balanced geographic reach globally while always guaranteeing the personal and tailored service that our clients deserve.

Together, we bring to life the Vistra ethos of "Crossing Borders, Creating Solutions".

Vistra is part of the OV Group, which includes Offshore Incorporations (OIL), Asia's leading company formation specialist and Vistra. The OV Group employs circa 500 professionals and is the 3rd biggest provider worldwide of trust and corporate services.

For further information please visit http://www.vistra.com

Media Contacts:
Guy Stephenson/Jennifer Duffy
Nacelle Ltd
+44(0)20-8333-9125
[email protected]

SOURCE Vistra Group