Raiffeisen Switzerland Cooperative acquires Notenstein Privatbank AG, which had previously acquired the non-US-business of Wegelin & Co.
On 27 January 2012, Raiffeisen Switzerland Cooperative (Raiffeisen Schweiz Genossenschaft) announced the acquisition of the Swiss private bank Notenstein Privatbank AG, St. Gallen, which had previously acquired the non-US-business of the oldest Swiss private bank Wegelin & Co., St. Gallen from the partners of Wegelin & Co. Raiffeisen Switzerland Cooperative was advised by Froriep Renggli. The Froriep Renggli team was led by partner Dr. Beat M. Barthold (M&A and Banking), who had the overall project lead and the lead on the M&A and banking aspects of the transaction. The team included partners Dr. Alessandro L. Celli (co-lead and Competition), Dr. Catrina Luchsinger Gähwiler (Banking and Regulatory) and Danielle Wenger (Tax), and associates Benjamin Dürig and Philippe Stuber (both Corporate).