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Whitmill has announced a joint venture arrangement with Fidelius Management Services Limited, which enables Whitmill to establish its presence in Cyprus.
The agreement reached between the business founders Don Wijsmuller and Demos Demou, will allow Whitmill to add a seventh jurisdiction to their international offering.
Like Whitmill, Fidelius Management Services Limited is an independently owned company offering expertise in a range of corporate and trust services.
The new agreement sees both businesses join together to incorporate Whitmill Trust (Cyprus) Limited.
Prior to establishing this joint venture, Whitmill and Fidelius closely cooperated in relation to mutual clients for over 10 years.
Don Wijsmuller (pictured) said: “At Whitmill we pride ourselves on our commitment to tailoring services to meet the needs of our clients. Throughout the past ten year we have informally collaborated with Demos, viewing Fidelius as a preferred partner in Cyprus.
"The establishment of this joint venture and the registration of Whitmill Trust (Cyprus) Limited now puts our relationship on a formal footing and will create synergies which will benefit our clients, professional contacts and associates."
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