The British arm of Dutch fiduciary manager MN has been bought by Kempen Capital Management (KCM), a subsidiary of Van Lanschot.
Britain is already KCM's second largest market outside the Netherlands and KCM will integrate MN UK into its existing business.
Staff from the MN UK team will transfer in full to KCM to provide the day-to-day services for UK clients.
They will continue to be based in London and pending regulatory approval, the transaction will be completed on 1 October 2015.
KCM chief executive Paul Gerla said: "KCM has proven to be an entrepreneurial and innovative player in the highly competitive Dutch fiduciary management market. We are committed to doing the same in the UK, where demand for fiduciary management is increasing. MN has successfully built a fiduciary business in the UK and we look forward to developing that further."
KCM is a European investment firm headquartered in Amsterdam, specialising in providing investment and fiduciary services to pension funds and insurance companies.
Currently KCM focuses on pension funds ranging in size from €100m to €20bn, with fiduciary management assets of €23.0bn and total client assets of €35.3bn.
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