On 25 May 2016, the Luxembourg based Banque Havilland SA completed the acquisition of Banque Pasche SA, from CIC Lyonnaise de Banque, Lyon (France).

With this acquisition, Banque Havilland establishes a presence in Switzerland. The parties entered into a sale and purchase agreement in 2015, which was subject to the FINMA approval. Prior to the purchase of Banque Pasche SA, Banque Havilland acquired in 2014 subsidiaries of Banque Pasche, inter alia in Liechtenstein and The Bahamas.

Lenz & Staehelin advised Banque Havilland in this transaction. The team was led by Andreas Rötheli (Partner, Corporate and M&A), and included Mona Stephenson (Associate, Corporate and M&A).