Stonehage Fleming, a London-based multi-family office, has purchased Swiss art management and advisory firm OmniArte for an undisclosed amount.

Set up in 2005 by Maria de Peverelli, OmniArte caters to individuals, family offices, foundations and trusts and estates across Europe.

The art advisory business will now be integrated into the Stonehage Fleming Art Management Division, which was launched in 2007 and currently manages several billion pounds worth of art collections.

Maria de Peverelli has been appointed to the newly created role of executive chairman at the art management division, and will continue to work between London, Italy and Switzerland.

She will work alongside head of art management Georgina Hepburne Scott, who set up Stonehage Fleming’s art management division in 2007.

“Our comprehensive service includes governance and legal oversight, cataloguing and insurance, coordination of purchases, sales and exhibition loans as well as succession planning. Maria’s curatorial experience in continental Europe will further bolster our existing offering and we look forward to working with Maria,” Hepburne Scott stated.

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Moreover, Stonehage Fleming will add two art registrars and research professionals to its Zurich office.

Stonehage Fleming partner responsible for art management Steve Kettle said: “The transaction enhances our cross-border art management capabilities and provides the further expertise necessary to position us as the leader in Art Management. Maria is a seasoned art professional and curator and has an excellent reputation in the art world. Our clients have already begun to benefit from her extensive experience.”