ICFG Zurich supported the acquisition of Centrum Bank AG for CHF 60m. Centrum Bank is the fourth largest bank in Liechtenstein with ca. CHF 6bn assets under management.
VP Bank AG (Vaduz, Liechtenstein), the third largest bank in Liechtenstein with about 700 employees and CHF 40bn assets under management, acquires for CHF 60m 100% of the shares of Centrum Bank AG the #4 bank in Liechtenstein with about 90 employees and CHF 6bn assets under management.
Vaccani, Zweig & Associates, the Swiss partner of ICFG International Corporate Finance Group, supported the acquisition process including project management and due diligence for the buyer in 2015.