Caledonia Investments plc has agreed to acquire a 36.7% minority stake in Stonehage Fleming, a leading international family office, to support its strategic growth and enhance operational capacity.

Transaction Summary

On December 21, 2018, Caledonia Investments plc announced that it has reached an agreement to acquire a significant minority stake in Stonehage Fleming, a leading international family office. This investment will account for approximately 36.7% of Stonehage Fleming's equity, with the management and staff retaining approximately 50% as the largest shareholders. This agreement aligns with Caledonia’s strategic focus on supporting high-quality management teams capable of generating exceptional long-term shareholder value.

As a strategic minority investor, Caledonia will assist Stonehage Fleming in realizing its next phase of growth. The investment will provide the firm with additional resources and expertise to accelerate business expansion, both organically and through acquisitions, thereby strengthening its position in the family office and ultra-high-net-worth (UHNW) markets. The transaction is anticipated to close in early 2019, pending necessary shareholder and regulatory approvals.

Stonehage Fleming Overview

Stonehage Fleming ranks among the foremost independently owned family offices globally and is recognized as the largest in the Europe, Middle East, and Africa (EMEA) region. The firm provides a comprehensive array of services, including long-term strategic planni