Legion Finance Trade Limited, the global independent authorised financial service provide, has today announced the acquisition of Kabco Europa Ltd for an undisclosed sum. Providing a range of complementary and extended investment and financing of cross-border projects. The San Marino based group of investors supports Legion Finance Trade Limited’s continued Europe growth plans and accelerates entry into new project financing contracts.
Having a group of 68 investors, Kabco is one of the leading investors group in the Infrastructure project industry and has supported in creating over 500 job opportunities to about 5000 individuals. Kabco is at the forefront in supporting infrastructure project and providing funding support to shadow banking.
Kabco provides exciting opportunity for Legion Finance Trade Limited and specifically, Legion Investment Fund(LIF) Group, our services division”, explains Edward Siciliano, CEO for Legion Finance Trade Limited. “The additional capabilities strengthened and extended the services offered by both Kabco and LFTL and enhance complete solutions approach. With a range of high profile clients, the acquisition of Kabco supports shared plans to meet increasing demand of project financing on a global scale, as we are offering more services to new clients from different project sectors.”
The acquisition of Kabco supports Legion Finance Trade Limited’s plan for growth with a vision to become the global leader in the project finance industry in providing funding for various project activities ranging from: Agriculture, Food and Rural Development, Digital economy, Education and training, Energy, Forestry, Health and Life Science, Regional development, Trans-European Networks, Transport, Urban agenda, Water and Wastewater management, Infrastructure, Science and Technology.
Tyron Kruger, Kabco Managing Director also commented on the acquisition adding “Legion Finance Trade Limited’s acquisition of Kabco provides a major growth opportunities for both our business and extended services for our clients. With the stability and backing of one of the world’s lending investor’s group, Kabco clients will benefit from improved services and innovation and likewise the services we bring to Legion Finance Trade Limited enables us to deliver one of the broadest and most unique project financing model within the European industry with an extending hand to other countries.”
The timing of the announcement also coincides with the appointment of a new board member within the Kabco board of committees. While both Legion Finance Trade Limited and Kabco will continue to trade under their names, Kabco will follow the Legion Finance Trade Limited financing model to highlight and emphasizes his project financing activities across the country.
ABOUT LEGION FINANCE TRADE LIMITED
Established as a group of investors in 1990, and incorporated as a company in 2016, Legion Finance Trade Limited is recognised as the premier independent, non-creditor, conflict-free provider of financial service and bond trustee services. Their growth is stable and sustainable within excess of $85 billion dollars of Investment portfolios. Delivering a value-added project financing model in various sectors of projects, with a global recognition Legion Finance Trade Limited has helped companies and corporations in delivering project financing from start to finish.
ABOUT KABCO EUROPA LTD
As a leading organised group of investors, Kabco is dedicated to providing solutions that enhance the simplicity and uniqueness of any project. In partnership with the most respected investors group in the San Marino, Kabco develops vital project financing activities to help mitigate project risk and the hassle in seeking financing from traditional banks. Kabco is an affiliated portfolio group of Feldspar Investment Limited.