Vontobel to acquire client book from IHAG Privatbank

• Acquisition grows Vontobel’s business in the DACH region.
• IHAG Privatbank manages over CHF 3 billion in client assets.

 

Vontobel is to acquire the client book from IHAG Privatbank (IHAG). This supports Vontobel’s strategic ambition to expand its presence in its focus markets. The acquisition will allow IHAG Privatbank’s clients to benefit from Vontobel’s extensive global investment expertise, professional advice, and digital capabilities. Clients can expect a fully seamless transition.

The transaction is expected to have a positive impact on Vontobel’s group net profit from day one.

The transaction will be financed out of Vontobel’s existing capital. Subject to customary closing conditions, the transaction is expected to close first half of 2025 at the latest.

Further details of the acquisition are subject to confidentiality agreements and will not be disclosed.

Vontobel

A global investment house with Swiss roots, we offer investment and advisory solutions to private and institutional clients. Our head office is in Zurich and we are represented in 28 locations worldwide. The shares of Vontobel Holding AG are listed on the SIX Swiss Exchange and are majority-owned by the founding family. The family's close ties to the company guarantee entrepreneurial independence, and the resulting freedom is also an obligation to fulfill our responsibility to society. As of June 30, 2024, Vontobel held CHF 225.9 billion of assets under management. With our investment-led approach that focuses exclusively on the buy-side of financial markets, we think and act purely from the client’s perspective – as an investor for investors.

This includes keeping our finger on the pulse to provide our investors with the best solutions - something we have been committed to for over 100 years. We harness the power of technology to multiply our investment expertise across platforms and ecosystems and deliver high-quality, personalized client experiences. Because for us, successful investing starts with taking personal responsibility. This means that we want to empower our employees so that they can realize their potential, act independently and open up new perspectives. We constantly question what we have achieved, because we strive to exceed our customers' expectations. 

 

Legal information

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