Landolt & Cie has been involved in several significant banking industry mergers and acquisitions over the years. One notable example is the acquisition of Banque Cantonale Vaudoise, a Swiss bank, in 1998.
The acquisition marked a major expansion for Landolt & Cie, increasing its presence in the Swiss banking market.
Worth a look: Bordier & Cie
Bank Mergers
Oddo BHF Bank has taken over Privatbank Landolt & Cie, a bank founded in 1780 in Lausanne, Switzerland. This means Landolt & Cie has lost its independence.
The acquisition will make Switzerland the third key market for Oddo BHF, alongside France and Germany. Thierry Lombard and Pierre Landolt, the owners of Landolt & Cie, will become significant shareholders of Oddo BHF with a 4% stake.
Oddo BHF plans to merge its Zurich-based bank with Landolt's bank by the end of the year, aiming to create a platform for the group's expertise in Switzerland.
Pierre Landolt and Thierry Lombard will become shareholders of Oddo BHF and Thierry Lombard will join the supervisory board of the group.
A different take: Bank Lombard Odier & Co
Sources
- https://en.wikipedia.org/wiki/Landolt_%26_Cie
- https://www.moneyhouse.ch/en/company/landolt-cie-sa-succursale-de-martigny-20416754381
- https://www.allnews.ch/content/corporate/oddo-bhf-et-landolt-cie-ont-finalis%C3%A9-leur-rapprochement
- https://www.fundssociety.com/es/noticias/private-banking/oddo-bhf-y-landolt-cie-culminan-su-proceso-de-fusion/
- https://www.handelszeitung.ch/news/oddo-bhf-bank-ubernimmt-privatbank-landolt-cie
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