Intertrust Group Holding S.A.
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Intertrust Group Holding S.A.
Intertrust (formerly Intertrust N.V.) is an international Trust law, trust and corporate management company based in Amsterdam, Netherlands. In November 2022, it was acquired by Corporation Service Company. The company is best known for its fiduciary services, which includes tax, trust, business management and outsourcing processes. It is the largest trust office in the Netherlands. Intertrust's origins date back to the incorporation of NV Trust Corporation Pierson, Heldring & Pierson in 1952. Shankar Iyer has been the company's acting chief executive officer since December 2020. Intertrust has locations in North America, South America, Europe, Asia and the Middle East, but most of its revenue stems from a small number of tax havens. The company is listed on Euronext Amsterdam Stock Exchange. As of 2015 Intertrust's clients include 6 out of the top 10 of the Fortune Global 500, as well as thirty out of the world's fifty largest private equity funds. It does not disclose which com ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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