The ILS Group is delighted to announce that it has taken full ownership of its Chinese and Hong Kong operations by acquiring the shares of its joint venture minority shareholder.

The ILS Group was previously the majority shareholder of the Hong Kong company and its wholly owned Chinese subsidiary, which have offices in Hong Kong, Shanghai and Beijing. The Group now owns 100 per cent and has full control of ILS Fiduciaries (Asia) Limited.

Chief Executive Officer of The ILS Group, Chris Eaton said: “We are delighted to acquire the minority interest in our Hong Kong and China business. This is an important acquisition and a major step forward in our plans to grow and develop The ILS Group in Asia. The acquisition of these shares further underlines ILS’s commitment to provide a consistent and premier service to clients around the world.”
 
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