Bellevue Group AG - M&A Activity 2020

News Details

Ad-hoc | 4 May 2020 07:00

Bellevue Group successfully closes the sale of Bank am Bellevue to Quintet

Bellevue Group AG / Key word(s): Disposal

04-May-2020 / 07:00 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 KR

The issuer is solely responsible for the content of this announcement.

Media Release

Küsnacht, May 4, 2020

Bellevue Group successfully closes the sale of Bank am Bellevue to Quintet

After receiving all the necessary regulatory approvals, Bellevue Group successfully closed the sale of Bank am Bellevue to Quintet Private Bank (formerly KBL European Private Bankers) on April 30, 2020. Bank am Bellevue’s workforce and its client relationships with underlying assets of CHF 1.6 bn have been transferred to Quintet.

Constructive collaboration between the two parties was the critical factor for the successful completion of the transaction.

Quintet and Bellevue Group will now examine collaboration opportunities in the asset management business, specifically in the global healthcare sector where Bellevue Group is an international leader.

Bellevue Group is focusing on the steady expansion of its asset management and private market business.

Events calendar:

July 30, 2020: Publication of half-year results for 2020

Contact:

Media Relations: Jürg Stähelin, IRF

Telephone: +41 44 244 81 51, [email protected]

Investor Relations: Patrik Gilli, CFO Bellevue Group

Telephone: + 41 44 267 67 00, [email protected]

Bellevue Group

Bellevue Group is an independent Swiss financial boutique focused on the asset management business. Its shares are listed on SIX Swiss Exchange. Established in 1993, the activities of the pure-play asset manager and its 100 or so employees are focused on a select and diversified spectrum of services in three main areas: specialized healthcare strategies, alternative investment strategies, and traditional investment strategies.

End of ad hoc announcement


Language:	English
Company:	Bellevue Group AG
	Seestraße 16
	8700 Küsnacht
	Switzerland
Phone:	+41 44 267 67 00
Fax:	+41 44 267 67 01
E-mail:	[email protected]
Internet:	www.bellevue.ch
ISIN:	CH0028422100
Valor:	A0LG3Z
Listed:	SIX Swiss Exchange
EQS News ID:	1034071