09 Sep 2020 | 08:51 am |
Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..
Schütz Family Office (SFO) has acquired the Luxembourg-based private bank Freie Internationale Sparkasse S.A. (FIS) from Sparkasse Bremen AG. Pinsent Masons, under the direction of Dr. Markus J. Friedl, advised SFO on all legal aspects of the purchase agreement under German law.
Schütz Family Office is owned by Alexander Schütz, who is founder and CEO of Vienna-based C-Quadrat Investment Group (CQ), entrepreneur and member of the Supervisory Board of Deutsche Bank AG. CQ is the largest independent asset manager in Austria, with assets under management in excess of €8 billion.
FIS was originally founded by Sparkasse Bremen AG as a Luxembourg branch. Since 2001, FIS has been operating as an independent credit institution with a full banking license and primarily serves wealthy private clients as well as institutional clients. As of December 31, 2019, FIS had total assets of around €40 million and manages a total of around €600 million in assets. The seller, Sparkasse Bremen, is an independent savings bank with total assets of over €12 billion and more than 1,200 employees.
Multinational law firm Pinsent Masons has advised the developer in securing development consent from the Scottish Government for the Berwick Bank Offshore Wind Farm—now officially the largest consented offshore wind project in the world.
Multinational law firm Pinsent Masons has today unveiled its unaudited financial results for the year ending 30 April 2025. This year's results have delivered a revenue increase of 4.7% after a year of continued growth within the firm’s core sectors and across its jurisdictions.
Multinational law firm Pinsent Masons has advised Mitsui & Co. Europe Ltd (Mitsui) and Mitsui O.S.K. lines Ltd (MOL) on their joint acquisition of Global Energy Service Holding Limited, the holding entity of the Port of Nigg, from the Global Energy Group.
Multinational law firm Pinsent Masons has today unveiled its unaudited financial results for the year ending 30 April 2025. This year's results have delivered a revenue increase of 4.7% after a year of continued growth within the firm’s core sectors and across its jurisdictions.
Multinational law firm Pinsent Masons has advised Mitsui & Co. Europe Ltd (Mitsui) and Mitsui O.S.K. lines Ltd (MOL) on their joint acquisition of Global Energy Service Holding Limited, the holding entity of the Port of Nigg, from the Global Energy Group.
Multinational law firm Pinsent Masons has advised Ushio Inc., a global leader in light sources for Industrial Process and Visual Imaging applications, on a strategic agreement with the ams-OSRAM Group to acquire its lamp business for industrial and entertainment applications.
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