M&A Deal Summary |
|
|---|---|
| Date | 2025-03-20 |
| Target | Oldenburgische Landesbank |
| Sector | Financial Services |
| Buyer(s) | Targobank |
| Sellers(s) | Bremer Kreditbank Ag |
| Deal Type | Divestiture |
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Targobank is a private customer bank focused on fulfilling customers' desire for reliable advice and simple, attractive products for all life situations. It combines the advantages of a service-oriented direct bank with expert advice in branches or at the customer's home. Targobank is based in Düsseldorf, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Financial Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Germany) | 1 of 1 |
| Year (2025) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1863 |
| Sector | Financial Services |
| Employees | 195 |
Bremer Kreditbank Ag is a Bremen-based banking group with a combined balance sheet total of EUR 4 billion and a focus on corporate banking, commercial real estate lending and acquisition finance. In addition, BKB Group provides comprehensive wealth management advice to affluent clients and entrepreneurs via its subsidiary Bankhaus Neelmeyer, including asset management services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Financial Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Germany) | 1 of 1 |
| Year (2025) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-23 |
Oldenburgische Landesbank
Lower Saxony, Germany Oldenburgische Landesbank is a diversified universal bank with a nationwide presence and more than 150 years of experience in the core region of north-west Germany. Under the OLB and Bankhaus Neelmeyer brands, the Bank advises its approximately 1 million customers in the Private & Business Customers and Corporate & Diversified Lending segments in person and via digital channels. Oldenburgische Landesbank is based in Lower Saxony, Germany. |
Buy | €300M |
