ODDO BHF and Quilvest Wealth Management to acquire Compagnie De Banque Privee Quilvest.

ODDO BHF, an independent Franco-German financial services group, and Quilvest Wealth Management, a company that offers investment and banking services, agreed to acquire Compagnie De Banque Privee Quilvest, a company that has special client expertise and serves individuals, family groups, entrepreneurs and institutional investors. Financial terms were not disclosed. The aim of this transaction is to enable ODDO BHF to complete its market coverage thanks to the expertise and independent positioning of Compagnie De Banque Privee Quilvest. It will also create a new growth dynamic with the aim of opening up this platform to other private banks and asset management companies. It will be an additional asset for the Group in strengthening its positioning in the large private banking client segment, where ODDO BHF aims to grow significantly.