Fladgate LLP advised Overseas Trust and Pension Group on the acquisition of the international pensions and administrative services arm of Carey Group. Carey Pensions and Benefits was sold as part of a strategic review by the group, and will become part of the Overseas Trust and Pension Group (OTAP) with effect from 3 May this year.
According to a statement by OTAP, the acquisition will make it one of the largest international pension providers in Guernsey and accelerate its development into the global corporate pensions and benefits market.
The team was led by corporate partner Marc Sosnow and was assisted by associate Yulia Leyko.
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