Octium Group closes acquisition of Credit Suisse Life & Pension AG
On December 31, 2021, Octium Group successfully completed the acquisition of Credit Suisse Life & Pensions AG, a Credit Suisse subsidiary that focuses primarily on German and Italian insurance clients with offices in Vaduz and Milan, after having obtained regulatory approvals, thus strengthening its European footprint.
Octium Group is a cross border insurance group specializing in the design, structuring and distribution of unit-linked life insurance products. Octium Group has approximately EUR 4.5 billion in assets under management and operates in global markets with its unique offering of insurance products for wealth and succession planning.
Lenz & Staehelin advised Octium Group in this transaction. The team was led by partner Andreas Rötheli (co-head Corporate and M&A) and included associates Ralph Kaufmann and Federico Trabaldo-Togna (both Corporate and M&A), Sarah Bechaalany (Banking and Finance), counsel Sara Rousselle-Ruffieux and associate Bertrand Donzé (both Employment).