Hengeler Mueller advises BAWAG on successful closing of the acquisition of the German retail business from Barclays

Following the receipt of all regulatory approvals as communicated on 9 January 2025, BAWAG Group announced the successful closing of the acquisition of Hamburg-based Barclays Consumer Bank Europe from Barclays Bank Ireland PLC. The acquisition was completed by way of an Irish scheme of arrangement immediately followed by a cross-border merger of the Irish company into Austrian BAWAG.

Hengeler Mueller team for BAWAG

M&A/Corporate: Johannes Adolff (Frankfurt), Hartwin Bungert (Düsseldorf, both lead), Thomas Lang (all partner), Lea Sophie Grohmann, Lukas Böttcher, Moritz Weidemann (all Frankfurt), Nicolas Kutscher (Berlin, all senior associate), Christian Voigt, Julia Tittel, Konrad Schäfer, Philip Falk, Moritz Bach (all Frankfurt, all associate),

Regulatory/Finance: Dirk H. Bliesener (lead, partner), Martin Peters, Jan Letto Steffen (both counsel), Gerrit Tönningsen (senior associate), Maximilian Höflich, Katharina Limberger (both associate, all Frankfurt),

Employment: Christian Hoefs (partner), Stefan Kreß (associate, both Frankfurt),

Tax: Markus Ernst (partner, Munich), Sebastian Heinrichs (counsel), Florian Lenhart, Maximilian Maucher (both associate, all Frankfurt),

IP/IT: Matthias Rothkopf (partner), Andrea Schlaffge (counsel, both Düsseldorf), Patrick M. Schmidt (senior associate, Frankfurt),

Antitrust: Philipp Otto Neideck (partner, Düsseldorf), Christian Dankerl (counsel, Brussels),

Public law/ data privacy: Kevin Marschhäuser, Roman P. Kalin (both Berlin, both associate).