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CMS advises savings banks in Kaiserslautern on merger

30/12/2020

Stuttgart – District savings bank Kreissparkasse Kaiserslautern is merging with its municipal counterpart Stadtsparkasse Kaiserslautern. This involves Stadtsparkasse Kaiserslautern being absorbed into Kreissparkasse Kaiserslautern at the end of the year. The regional banking institution will then operate as Sparkasse Kaiserslautern with effect from 2021. With total assets of around EUR 5 billion, Sparkasse Kaiserslautern will be one of the biggest savings banks in the federal state of Rhineland-Palatinate, according to the bank’s own figures. The institution will remain based in Kaiserslautern.

A CMS team headed by lead partner Dr Harald Kahlenberg advised the two savings banks on all merger and competition law aspects of the amalgamation.

CMS Germany

Dr Harald Kahlenberg, Lead Partner
Angelika Wieczorkowski, Senior Associate
Dr Anne Gabius, Senior Associate, all Competition & EU

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Related people

Harald Kahlenberg
Dr. Harald Kahlenberg
Partner
Stuttgart
Angelika Wieczorkowski
Angelika Wieczorkowski, LL.M.
Senior Associate
Stuttgart
Anne Gabius
Dr. Anne Gabius, Maître en droit
Senior Associate
Stuttgart