Cross-practice team advises established financing partner of the German Mittelstand on the transaction

Frankfurt, 13 October 2026 - Latham & Watkins LLP has advised IKB Deutsche Industriebank AG (IKB) and its Management Board on its sale to Crédit Agricole. Crédit Agricole is acquiring 100% of IKB's share capital from Lone Star Funds. Completion of the transaction is subject to customary conditions, including antitrust clearances, clearance under the Foreign Subsidies Regulation (FSR) and approval by the European Central Bank. Closing is expected by the end of the second quarter of 2027.

Latham & Watkins advisors:

Dr. Markus Krüger (Partner, Federführung), Adrian Pandza, Marie-Claire Mollenkopf, Lasse Winzer (alle Associates, alle Finanzaufsichtsrecht, Frankfurt), Dr. Andreas Lönner (Counsel, Hamburg), Dr. Jan Gocha (Associate, Düsseldorf, beide Corporate/M&A), Dr. Susan Kempe-Müller (Partner, Corporate/IP, Frankfurt), Dr. Kristina Hufnagel (Partner, Arbeitsrecht, München), Dr. Nils Bremer (Counsel), Leonhard Seifert (Associate, beide Kartellrecht, Frankfurt), Dr. Ulf Kieker (Partner, Tax, München)

This text was automatically translated from the German original.