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JTC has bought Buckshare Plans, in a deal which was first announced in August, subject to regulatory approvals, which have now been completed.
The global professional services business, has finalised the purchase of the Buck UK and European Share Plan Administration and Trustee businesses (Buck Share Plans) from Arthur J. Gallagher & Co.
Buck Share Plans brings a valuable addition to JTC’s existing share plan trustee and administration service offering. JTC says the acquisition will enhance their capabilities and expand its client base, particularly in the UK, Guernsey, and Germany.
Nigel Le Quesne, CEO of JTC, commented: “The completion of the acquisition of Buck Share Plans gives a further boost to our employee share plan offering. I am delighted to welcome the experienced team into our Institutional Client Services Division as we continue to develop and expand our Employer Solutions platform.”
Pictured top: Nigel Le Quesne.
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