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New Deal


Announced

Van Lanschot Kempen to acquire a 75% stake in Mercier Vanderlinden.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Belgium

Single Bidder

Pending

Private

wealth management

Majority

Friendly

Asset Managers and Custodians

Cross Border

Synopsis

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Van Lanschot Kempen, a specialised, independent wealth manager, agreed to acquire a 75% stake in Mercier Vanderlinden, an independent wealth manager in Belgium. Financial terms were not disclosed. "Our roots go back to 17th century Belgium; our partnership with Mercier Vanderlinden reflects that historical reality. This partnership fits perfectly into our strategy becoming a leading specialist wealth manager in our second home market. Mercier Vanderlinden’s attractive client portfolio, presence in Brussels and growth potential under the ongoing leadership of their founders make for a very appealing partner. Given our similar values, work culture and a belief in a personalised approach to clients, we believe that we have laid the foundations to a common great future," Karl Guha, Van Lanschot Kempen Chairman.

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