Venture Finance ownership

Venture Finance was unwittingly caught up in the problems surrounding Fortis as Fortis had supposedly acquired them as part of the carve up of ABN Amro but had then been told to divest themselves of the ABN assets as part of their own rescue by various Governments.

Venture Finance remains part of the ABN Amro group which in turn is now owned by the Dutch Government so we are pleased to see that their foundation is now secure.

1 thought on “Venture Finance ownership

  1. The following is the text of an email received by Peter Ewen, Managing Director of Venture Finance which I am sure he won’t mind us publishing in the interests of clarity.

    “In this ever-changing financial climate and in light of recent events, I thought it would be useful to update you on our status and confirm the very strong position we find ourselves in.

    Put simply, there is no change of direct ownership. We remain part of ABN AMRO BU Netherlands and their ultimate owner is now the Dutch Government. This offers us a tremendous amount of solidity during these turbulent times.

    In fact, the only change Venture has experienced lately has been positive, having recently moved our Haywards Heath headquarters to newly renovated and larger premises, spanning four floors across 23,000 square feet – a great step forward, bringing our head office staff under one roof and making us better equipped to support our regions than ever before.

    The year ahead may well provide a bumpy ride for many businesses, but with our strong and credible backing, Venture will continue to support all kinds of businesses across the UK, delivering an award-winning service that consistently exceeds the expectations of our clients, introducers and partners.”

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