Lundgrens is happy to have assisted Artha in connection with entering into an agreement on a merger with the asset manager Scope Investment, whereby Artha overall becomes one of Denmark's largest bank-independent asset managers with approx. DKK 24 billion under its management.
Following the merger, the new group will function as a Multi-Family Office, whose long-term relationships with wealthy families, companies and foundations in Denmark will be expanded by, among other things, to deliver individual solutions, high service and, above all, returns.
The day-to-day management of the new group will, as before, be made up of Jan Severin Sølbæk and Brian Kudsk, while Jonas Melchior will join as a new equal member of the executive board.
The merger is subject to the approval of the Danish Financial Supervisory Authority and an approval of the shareholders of Artha Holding which will take place at an extraordinary general meeting in the beginning of 2024.
