Semper Constantia Privatbank Aktiengesellschaft acquired Valartis Asset Management (Austria) Kapitalanlagegesellschaft M.b.H. from Wiener Privatbank SE (WBAG:WPB) for €3.1 million on April 1, 2016. The management team of the Valartis funds will stay within the Wiener Privatbank group but will be transferred to experts from Matejka & Partner Asset Management, which also sit within the same group. David Bauer of DLA Piper Weiss-Tessbach acted as legal advisor for Wiener Privatbank and Semper Constantia.

Semper Constantia Privatbank Aktiengesellschaft completed the acquisition of Valartis Asset Management (Austria) Kapitalanlagegesellschaft M.b.H. from Wiener Privatbank SE (WBAG:WPB) on April 1, 2016.