Noerr advises the Oddo Group on the takeover of Meriten Investment Management

Noerr has advised the Oddo Group on the acquisition of Meriten Investment Management GmbH. With assets of EUR 40 bn under management, Oddo Meriten Asset Management will be one of the biggest independent investment managers in the eurozone.

The seller is the BNY Mellon Investment Management group. With its nearly 180 employees and managing assets of roughly EUR 24.5 bn, Dusseldorf- based Meriten Investment Management is one of the leading special fund providers. Its clients include institutional investors, savings banks, corporate clients, insurance companies and pension funds.

The acquisition procedure was assisted by a Noerr team led by Frankfurt partner Dr. Thorsten Reinhard. Noerr’s role also included providing merger control advice. Noerr regularly acts for ODDO SEYDLER BANK AG which is part of the Oddo Group and advises the bank particularly on capital market matters. This was the first time Noerr has acted on behalf Oddo & Cie.

The transaction is still subject to approval by the antitrust authorities and the German Federal Financial Supervisory Agency (BaFin).

Legal advisors to Oddo & Cie: Noerr LLP

Dr Thorsten Reinhard (team lead, Corporate), Tillmann Hecht (Employment, both Frankfurt), Dr Carsten Heinz (Tax, Berlin), Dr Jens Kunz (Supervisory law), Dr Laurenz Wieneke (Corporate, both Frankfurt), Dr Kathrin Westermann (Antitrust, Berlin)

Dr Andrea Zwarg, Dr Kathrin Cagalj (both Corporate), Jacek Kielkowski (Employment), Doreen Pape (Corporate, all Frankfurt), Florian-Felix Marquardt (Tax, Berlin), Matthias Schirmer (Supervisory law, Brussels), Pascal Schumacher (Antitrust, Berlin)