Global law firm White & Case LLP has advised Bank Degroof Petercam on the transfer of its minority participation in Landolt & Cie SA to Landolt Holding SA.

The Brussels office of White & Case advised Bank Degroof on its merger with Petercam in 2015, and has now advised the merged entity on the transfer of its 25 percent share in Landolt & Cie to Landolt Holding SA, an entity owned by the Landolt family. The closing took place in Lausanne on July 15, 2016.

"This transaction illustrates the strong relationships that White & Case builds with its clients," said Brussels-based partner Thierry Bosly. "We advised Bank Degroof on its merger with Petercam, one of the highest-profile deals in 2015, and now one of its subsidiaries on its own important transaction.  It demonstrates our M&A capabilities in cross-border deals involving financial institutions."

The White & Case team in Brussels which advised on the transaction was led by partner Thierry Bosly with support from associates Marie Georgy and Aurélie Terlinden.