Orangefield Group: Orangefield acquires Cyprus' Fidelico
(Thomson Reuters ONE) -
'Expansion fitting step in ensuring quality of service in all jurisdictions'
Amsterdam, February 13, 2012 - Orangefield announces today the acquisition of
Fidelico, a high performing corporate service provider for management and
administrative services in Cyprus. In acquiring Fidelico, Orangefield marks its
third takeover since March 2011 and reinforces its European presence as part of
a successful global expansion strategy.
Orangefield Group is a global fund administrator and corporate service provider.
Its clients consist primarily of financial institutions, multi-nationals,
private equity investors, real estate fund managers and hedge funds. The
takeover of Fidelico demonstrates Orangefield's active expansion drive, focused
on ensuring quality in all jurisdictions. Orangefield CEO Joep Bruins explains:
"We do not expand for the sake of expansion alone. It has to make sense.
Fidelico is a good fit for us, because its dynamic and personal approach matches
ours. Besides that, delivering locally relevant quality is key in our business."
Complementing qualities
Orangefield Group has approximately two hundred and fifty employees and over
thirty years of experience to show. Fidelico, with a headcount of twenty, is a
dynamic organization combining a personal and individual approach with a strong
focus on their clients' requirements. "Joining Orangefield creates a win-win
situation, pardon the cliché. Creating a stronger force means we are able to
serve our clients even better," remarks Constantinos Economides, Managing
Director of Fidelico. "Becoming part of Orangefield adds the aura of an
established leader. It feels like we have recently gained thirty years of
experience."
### end
Notes to editors.
For more information contact:
Guido Wagenaar, Orangefield Global Head of Business Development. t:
+31205405889 | m: +31 6 54956301 | Guido.Wagenaar(at)orangefield.com
About Orangefield Group
Orangefield is a global full service corporate service provider and fund
administrator, with more than 30 years of experience, providing a wide range of
fund administration, management, administrative and trust services to funds,
corporate clients and private clients all over the world. Orangefield is SAS 70
Type II compliant, demonstrating the rigorous controls and attention to detail
expected in all accounting, cash management, investor reporting and compliance
responsibilities.
Orangefield Group has a strong global presence with offices in Europe, Asia,
Africa and the Caribbean. Orangefield Group headquarters is located in
Amsterdam, employing a staff of approximately 125 people in the Netherlands.
For more information, visitwww.orangefield.com
About Fidelico
Established in 2006, Fidelico is a professional corporate service provider for
management and administrative services, operating in Cyprus. Valuing business
connections and partnerships with more than 50 countries, Fidelico clients
consist of large international companies, including investments banks, public
companies, leading international law firms and Big Four audit firms.
For more information, visit www.fidelico.com
Orangefield acquires Fidelico:
http://hugin.info/149357/R/1584992/496058.pdf
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Source: Orangefield Group via Thomson Reuters ONE
[HUG#1584992]
Unternehmensinformation / Kurzprofil:
Datum: 13.02.2012 - 12:00 Uhr
Sprache: Deutsch
News-ID 113866
Anzahl Zeichen: 4172
contact information:
Town:
Amsterdam
Kategorie:
Business News
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