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  5. Union Bancaire Privée UBP SA Acquires ABN AMRO Bank A.G.

M&A Deal Summary

Union Bancaire Privée UBP SA Acquires ABN AMRO Bank A.G.

On August 16, 2011, Union Bancaire Privée UBP SA acquired financial services company ABN AMRO Bank A.G. from ABN AMRO Group N.V.

Acquisition Highlights
  • This is Union Bancaire Privée UBP SA’s 1st transaction in the Financial Services sector.
  • This is Union Bancaire Privée UBP SA’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2011-08-16
Target ABN AMRO Bank A.G.
Sector Financial Services
Buyer(s) Union Bancaire Privée UBP SA
Sellers(s) ABN AMRO Group N.V.
Deal Type Divestiture

Target

ABN AMRO Bank A.G.

Zurich,, Switzerland
ABN AMRO Bank (Schweiz) A.G. is a provider of private banking products and services. ABN AMRO Bank (Switzerland) AG is a pure Swiss private bank which held EUR 11 billion in client assets under management.

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Buyer(S) 1

Buyer

Union Bancaire Privée UBP SA

Geneva, Switzerland
Category Company
Founded 1969
Sector Financial Services
Employees1,308
DESCRIPTION

Union Bancaire Privée, UBP SA is a provider of private banking and asset management products and services.

DEAL STATS #
Overall 1 of 5
Sector: Financial Services M&A 1 of 5
Type: Divestiture M&A Deals 1 of 4
Country: Switzerland M&A 1 of 2
Year: 2011 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-29 Nexar Capital Group SCA

Paris,, France

Nexar Capital Group is a global alternative investment manager, The firm specialises in engineering alpha to meet investors’ objectives through active portfolio management.

Buy -

Seller(S) 1

SELLER

ABN AMRO Group N.V.

Amsterdam, Netherlands
Category Company
Founded 1720
Sector Financial Services
Employees22,242
DESCRIPTION

ABN AMRO serves retail, private and commercial banking customers in the Netherlands and across the globe. Along with a comprehensive range of products and services, Company offer in-depth financial expertise, extensive knowledge of numerous sectors and an international network supporting our customers' domestic and international operations.

DEAL STATS #
Overall 3 of 6
Sector: Financial Services M&A 2 of 5
Type: Divestiture M&A Deals 3 of 5
Country: Switzerland M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-23 LaSalle Bank

Chicago, Illinois, United States

LaSalle Bank Corporation is the bank holding company with more than USD 113 billion in assets. Through its subsidiaries, the company has retail and commercial operations in 20 states and 26 cities across the U.S. LaSalle Bank Corporation's subsidiary banks serve individuals, small businesses, middle-market companies and institutions through more than 400 retail locations and 1,500 ATMs.

Sell $16.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-01 HVEG

Leusden, Netherlands

HVEG develops, source, produce, import and supply men's, women's, children's and baby clothing, legwear, underwear, accessories and optical products, for various distribution channels such as Fashion Retail, Supermarket Retail, Discount Retail, Drugstores and Online Retail. and controlling the entire supply chain. HVEG was founded in 1989 and is based in Leusden, Netherlands.

Buy -
Mergr

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