Julius Baer completes the acquisition of Kuoni Mueller & Partner

EQS Group-News: Julius Baer Group Ltd. / Keyword (s): Acquisition Julius Baer completes the acquisition of Kuoni Mueller & Partner 2021-10-01 / 17:40

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The acquisition of 83% of integrated Swiss real estate service provider Kuoni Mueller & Partner (KMP), announced in July 2021, was successfully completed on October 1, 2021.

Zurich, October 1, 2021 – Julius Baer announced today that the closing of the acquisition of 83% of Zurich-based real estate service provider KMP took place on October 1, 2021. The remaining shares are held by KMP partners, as minority shareholders, to continue the successful partnership model.

As a result, 40 KMP employees became employees of the Julius Baer Group and Dominik Weber, former majority owner and CEO of KMP, was appointed Head Real Estate Advisory of Julius Baer, ​​while also serving as Chairman of KMP. . KMP will continue to operate in its established segments and markets under its own brand.

The new KMP subsidiary is an integral part of Julius Baer’s comprehensive global real estate offering in Switzerland and acts as a strategic partner in the areas of real estate portfolio and asset management, brokerage of private and commercial real estate investments, from private residential real estate brokerage to real estate management, real estate management and construction and real estate appraisals.

Press relations contacts, tel. +41 (0) 58 888 8888 Investor relations, tel. +41 (0) 58 888 5256

About Julius Baer

Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on serving and advising sophisticated private clients. In everything we do, we are inspired by our goal: to create value beyond wealth. At the end of June 2021, assets under management amounted to CHF 486 billion. Bank Julius Baer & Co. AG, the famous Swiss private bank with origins dating back to 1890, is the main operating company of the Julius Baer AG Group, whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), made up of the 30 largest and most liquid Swiss stocks.

Julius Baer is present in more than 25 countries and more than 60 locations. Based in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Mexico City, Milan, Monaco, Montevideo, Moscow, Mumbai, São Paulo, Singapore and Tokyo. Our customer-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international benchmark in wealth management.

For more information visit our website at www.juliusbaer.com

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End of press release

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Language:     English 
Company:      Julius Baer Group Ltd. 
              Bahnhofstrasse 36 
              8010 Zurich 
              Switzerland 
Phone:        +41 58 888 11 11 
E-mail:       info@juliusbaer.com 
Internet:     www.juliusbaer.com 
ISIN:         CH0102484968 
Listed:       SIX Swiss Exchange 
EQS News ID:  1237683 
 
End of News   EQS Group News Service 
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1237683 2021-10-01

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(END) Dow Jones Newswires

01 October 2021 11:40 ET (15:40 GMT)

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