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On 3 November 2025, JTC PLC announced the completion of its acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries ("KHT"). This acquisition, previously announced on 31 July 2025 and finalized after receiving all applicable change of control and regulatory approvals, involved KHT, wholly owned subsidiaries of Union Bancaire Privée, UBP SA, for a total cash consideration of £20 million.
| Date | 3 Nov 2025 |
| Time | 07:00:10 |
| Category | Corporate updates |
| ID | 7935F |
3 November 2025
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
Completion of Kleinwort Hambros Trust acquisition
Further to its announcement on 31 July 2025, and following receipt of all applicable change of control and regulatory approvals, JTC plc, a global leader in professional services, is pleased to announce the completion of its acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries (together "KHT"), which are wholly owned subsidiaries of Union Bancaire Privée, UBP SA ("UBP"), for total consideration of £20 million, which will be settled in cash.
The acquisition is highly complementary to JTC's existing Private Capital Services offering and builds on the firm's strong track record of bank carve outs. The addition of KHT will further strengthen JTC's trust presence in the Channel Islands and adds a UK trust business for the first time.
For further information please contact:
JTC Plc
David Vieira, Chief Communications Officer Tel: +44 (0) 7797 735 444
About JTC
JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC employee is an owner of the business and this fundamental part of our culture aligns us with the best interests of all our stakeholders. Our purpose is to maximise potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.