Trader Trafigura Plans to Move Key Holding Company to Bermuda

Commodities trader Trafigura Group plans to re-domicile a key holding company through which employees own their shares in the business from the Netherlands to Bermuda.

Trafigura Beheer BV is the Dutch entity that a group of disaffected former employees of pioneering trading house Marc Rich + Co. used to start Trafigura in 1993. It was the group’s parent company until a restructuring in 2015 — when a Singaporean entity became the new parent — though remains a holding firm and the entity through which Trafigura employees own their shares.