Folkesparekassen’s Merger With Middelfart Sparekasse

Horten has assisted Folkesparekassen on the deal.

Folkesparekassen announced the merger with Middelfart Sparekasse.

Folkesparekassen is headquartered in Silkeborg, which will become part of Middelfart Sparekasse, and branches in Odense and Aarhus, which will be merged with Middelfart’s branches in the same cities.

As part of the merger, Folkesparekassens Fond provides substantial funds and with an object of promoting a sustainable balance between nature, man and economy.

With the acquisition, Middelfart Sparekasse’s customer base will increase from 85,000 to 95,000, while increasing by approx. 7 % when measuring on economy.

The Horten team consisted of Lise Lotte Hjerrild (Picture), Claus Bennetsen, Birgitte Toxværd, Søren Toft Bjerreskov and Christian Vesterling.

Involved fees earner: Claus Bennetsen – Horten; Søren Toft Bjerreskov – Horten; Lise Lotte Hjerrild – Horten; Birgitte Toxværd – Horten; Christian Vesterling – Horten;

Law Firms: Horten;

Clients: Folkesparekassen;

Author: Federica Tiefenthaler