Schellenberg Wittmer advised Julius Baer Group Ltd on the deal.
As part of its market strategy for Switzerland, Julius Baer is extending its real estate offering beyond its current focus on mortgage financing. To that end, the Group is taking a first step by acquiring 83% of Kuoni Mueller & Partner (KMP), a leading integrated real estate service provider based in Zurich. Dominik Weber, currently the majority owner and CEO of KMP, will assume the new position as Head Real Estate Advisory at Julius Baer.
KMP is a leading integrated real estate service provider offering services along the real estate value chain covering commercial and residential real estate brokerage, real estate valuation services, property management and real estate advisory services in Switzerland. The company with 40 employees is organized as a partner model and its headquarters are located in Zurich. The company was founded in 1989.
Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. In all we do, we are inspired by our purpose: creating value beyond wealth. At the end of June 2021, assets under management amounted to CHF 486 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.
The team at Schellenberg Wittmer consisted of Pascal Hubli (Picture – overall lead), Josef Caleff, Christian Bonhôte, Elia Claude Schunck, Elias Ritzi and Jennifer Waldner (all Corporate/M&A), as well as Samuel Klaus (ICT), Michael Hess and Céline Schmid (Employment).
Involved fees earner: Christian Bonhôte – Schellenberg Wittmer; Josef Caleff – Schellenberg Wittmer; Michael Hess – Schellenberg Wittmer; Pascal Hubli – Schellenberg Wittmer; Samuel Klaus – Schellenberg Wittmer; Elias Ritzi – Schellenberg Wittmer; Céline Schmid – Schellenberg Wittmer; Elia Claude Schunck – Schellenberg Wittmer; Jennifer Waldner – Schellenberg Wittmer;
Law Firms: Schellenberg Wittmer;
Clients: Julius Baer;