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Etienne Schneider, Deputy Prime Minister, Minister of the Economy of Luxembourg, announced the partnership between LuxTrust S.A. (“LuxTrust”) and Tecnoinvestimenti Group, active in Digital Trust, Credit Information Management and Innovation Marketing Services. Tecnoinvestimenti, through its subsidiary InfoCert S.p.A. (“InfoCert”), the largest Certification Authority in Europe, has signed an agreement to acquire 50% of LuxTrust, the leading player in Digital Trust in Luxembourg with a strong institutional sponsorship, via an initial subscription of a €12 million capital increase.
The Joint Venture between InfoCert and LuxTrust is a second fundamental step towards the goal of creating the leading Pan-European Trust Service Provider. The partnership will...
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