Lenz & Staehelin: Octium Group to acquire Credit Suisse Life & Pension

Octium Group, a cross border insurance group specializing in the design, structuring and distribution of unit-linked life insurance products, has entered into an agreement to acquire Credit Suisse Life & Pensions, a Credit Suisse subsidiary that focuses primarily on German and Italian insurance clients with offices in Vaduz and Milan.

Lenz & Staehelin advises Octium Group in this transaction with a team led by partner Andreas Rötheli (co-head corporate and m&a, pictured) and includes associates Federico Trabaldo-Togna and Ralph Kaufmann (both corporate and m&a), Sarah Bechaalany (banking and finance), counsel Sara Rousselle-Ruffieux and associate Bertrand Donzé (both employment).

The transaction, which is subject to regulatory approvals and the satisfaction of other closing conditions, will see Octium Group strengthening its European footprint.