Flick Gocke Schaumburg advises M.M. Warburg & CO on the transfer of the liquid depositary business to Donner & Reuschel

Flick Gocke Schaumburg has advised M.M. Warburg & CO on the sale of its depositary business for liquid investment assets to the private bank Donner & Reuschel.

The sale comprises 33 funds with a volume of around EUR 1.7 billion and is expected to be completed in the first quarter of 2026.

The change of depositary is part of the strategic realignment of M.M. Warburg & CO. Illiquid assets will continue to be managed by the bank’s own depositary, which is one of the largest in Germany for real asset special funds.

Advisors to M.M. Warburg & CO: Flick Gocke Schaumburg

Dr. Fred Wendt (lead), Dr. Christoph Brünger; associates: Mats Huster (all M&A)

Founded in 1798, M.M. Warburg & CO is an independent private bank with headquarters in Hamburg and other locations throughout Germany. Its core business covers private and corporate banking in addition to asset management. M.M. Warburg & CO offers comprehensive advice for high-net-worth individuals, foundations, entrepreneurs, corporate entities, and the shipping industry.

Donner & Reuschel, with branches in Hamburg, Munich, Bremen, Düsseldorf, Frankfurt and Stuttgart, was founded in 1798. The Signal Iduna Group entered as a shareholder in 1990. Since its merger with Bankhaus Reuschel & Co. in 2010, Donner & Reuschel has been trading as Donner & Reuschel AG. It currently has some 600 employees. <<<