TRUSTCO GROUP SOLIDIFIES INSURANCE AND PROPERTY HOLDINGS WITH STRATEGIC TRANSACTION
Windhoek, Khomas, Namibia, 23rd Apr 2024 – Trustco Group Holdings Limited (Trustco) today announced its acquisition of an additional 11.35% interest in Legal Shield Holdings Limited (Legal Shield) from Riskowitz Value Fund LP (RVF) for NAD 468 million. This will increase Trustco’s holding in Legal Shield to 91.35%. The strategic transaction fortifies Trustco’s investment footprint in the insurance and real estate sectors in Namibia, both primed for substantial growth in the post-pandemic landscape. The coveted assets acquired encompass Trustco Insurance
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