Banco di Desio e della Brianza S.p.A.
- Client:Banco di Desio e della Brianza S.p.A.
- Transaction:
M&A - Date:June 2022
- Sector:
Financial institution
Banco di Desio e della Brianza S.p.A.
- Deal description:
Vitale assisted Banco Desio in the acquisition from the BPER Banca Group of two business units consisting of a total of 48 bank branches located in Liguria, Emilia Romagna, Lazio, Tuscany and Sardinia.
The business units are characterised by an aggregated amount of loans to customers, deposits from customers, AuM and AuA of approximately Euro 4.0 billion as of 31 December 2021 and over 78,000 customers.
The acquisition of the business units is in line with Banco Desio Group's strategic plan, that aims at further consolidating the Banco Desio Group's business activities as a local bank focused on the following customer segments: SMEs, affluent and wealth management.
- Deal value:
n.a.