Homburger advises KBL European Private Bankers S.A. in its acquisition of Bank am Bellevue AG

On August 20, 2019, KBL European Private Bankers S.A. (KBL epb), a pan-European private banking group headquartered in Luxembourg and operating in 50 cities across Europe, announced that it has entered into an agreement to acquire Bank am Bellevue AG (Bank), the wealth management business of the independent Swiss financial boutique Bellevue Group AG listed on the SIX Swiss Exchange.

The acquisition of the Bank – which currently employs 22 staff and manages some CHF 1.7 bn in assets – marks KBL epb’s return to Switzerland as part of its growth strategy, under the leadership of Jürg Zeltner, who was recently appointed Group CEO and member of the Board of Directors of KBL epb.

The Homburger team advising KBL epb in this transaction was led by partner Daniel Hasler (Corporate / M&A) and included partner Benjamin Leisinger (Financial Market Regulation), associates Nina Hagmann (Corporate / M&A), Michael Kottmann (Employment and Executive Compensation), Luca Dal Molin (IP / IT) and junior associates Michael Lüchinger (Corporate / M&A) and Michèle Reinhardt (Competition).