CBH Bank advises Stoneweg on major acquisition
Stoneweg has entered into a binding agreement with Cromwell Property Group (“Cromwell”) to acquire Cromwell’s European fund management platform and associated co-investments, representing EUR 3.9 billion of real estate assets under management, for a total consideration of EUR 280 million, subject to closing adjustments and regulatory approvals.
Stoneweg, a global real estate investment group, is majority-owned by its founders together with its strategic shareholder Icona Capital and CBH Compagnie Bancaire Helvétique as reference shareholder.
CBH Compagnie Bancaire Helvétique acted as financial advisor to the buyer for the transaction.
For additional information, please refer to Stoneweg’s official media release.