Complectus continues acquisition spree, buying New Zealand Trustee Services

Complectus continues acquisition spree, buying New Zealand Trustee Services
Sophie Boot
By Sophie Boot Dec. 9 (BusinessDesk) - Complectus, which owns trustee firm Perpetual Guardian, has bought New Zealand Trustee Services (NZTS) as it continues its purchasing spree of supervision firms that began with the acquisition of Perpetual Trust in 2013. Auckland-based Complectus didn't disclose the purchase price for the acquisition, which adds trust establishment and management services to more than 5000 trusts, it said in a statement. NZTS founders Jonathan and Penny Cron will stay at the business following the purchase, along wit...