ZEDRA, a global specialist in active wealth, corporate & global expansion, fund solutions and pensions & incentives, has confirmed the completion of its acquisition of Blackstones with offices across Poland.
In a statement on 11 September, it said Blackstones will become a fully integrated part of ZEDRA and leading ZEDRA’s operations in Poland.
Blackstones’ service offering includes accounting & reporting, HR & payroll, company formation and corporate services.
This latest acquisition will enhance ZEDRA’s strategy in the corporate and global expansion services space, reinforcing the ambition to be recognised as an international leader in Active Wealth, Corporate & Global Expansion, Funds Services and Pensions & Incentives.
ZEDRA will welcome 178 employees who have been providing these services through its offices in Warsaw, Katowice, Bialystok, Radom, Bydgoszcz and Torun.
This brings ZEDRA’s headcount to over 1,200 experts across 16 key locations spanning Asia, Oceania, the Americas and Europe.
Both organisations share the same core values, and their combined capabilities provide clients with access to a more diverse service offering, adding value and deepening client relationships.
Ivo Hemelraad, CEO at ZEDRA, said: “We are delighted to welcome the team from Blackstones. The combined extensive experience and knowledge will be a great asset as we look to further grow our Central European footprint and our Corporate and Global Expansion capabilities.”
Katarzyna Kowalczyk, CEO at Blackstones, said: “Joining ZEDRA, who shares our values, is a natural step on our path. We have always been driven by an openness to change and innovation, which is the foundation of our success. This partnership broadens our horizons, enabling us to further develop our range of services, and reach new and diverse markets and clients around the world. We are confident that together we will create a strong and dynamic organisation that will successfully meet the challenges of the future.”
