Box Consultants and ABN AMRO MeesPierson today reached agreement on the sale of ABN AMRO MeesPierson’s share in Box Consultants, a multi-client family office.
On 1 October, the partners of Box Consultants will acquire the interest that ABN AMRO MeesPierson has held in the company since 1998 by means of a management buyout. As a result, Box Consultants will own 100% of the shares in the company.
The management buyout fits in with ABN AMRO MeesPierson’s plans to focus on integrated asset management and wealth management services. Box Consultants, meanwhile, carried out the buyout in order to operate independently and to firmly position its expertise in the strongly changing financial landscape.
Clients of Box Consultants will not be affected by this change and have been notified about the buyout in writing.
The agreement is subject to the approval of De Nederlandsche Bank. The transaction is expected to be finalised in the fourth quarter of this year.
For more information, please contact:
ABN AMRO Persvoorlichting Box Consultants B.V.
(+31) (0)20 628 47 48, (+31) (0)88 600 1600