This website uses cookies.
Cookies improve the user experience. You can change the cookies acceptance settings for this website.


News 1/20/2021

ODDO BHF and Landolt & Cie have completed their merger

ODDO BHF and Landolt & Cie have completed their merger

Geneva, Paris 20 January 2021

ODDO BHF and Landolt & Cie announce that they have finalised their alliance, making Switzerland the third pillar of the ODDO BHF group’s development strategy, alongside France and Germany. The acquisition of Landolt & Cie by ODDO BHF has notably secured the approval of FINMA*.

The tie-up between Landolt & Cie, the oldest bank in French-speaking Switzerland, based in Lausanne and Geneva, and ODDO BHF, mainly active in Zurich, will make Switzerland ODDO BHF’s third key market after France and Germany.

This merger will enable Landolt & Cie clients to benefit from a significantly broadened offer of family office and asset engineering services, in addition to the current portfolio management services, along with the ODDO BHF group’s asset management expertise, in which the ESG approach plays a key role, and an alternative investment management offering (private equity, private debt, venture capital).

This acquisition also enables clients of the ODDO BHF group to access the investment opportunities offered by Switzerland, which, like Germany, has a large number of family-owned companies and a dense industrial fabric (particularly in the fields of healthcare, food, watchmaking, and services more generally) and to attract talent from leading schools and universities.

The group plans to merge ODDO BHF’s bank in Zurich with Landolt & Cie bank by the end of the year with the goal of making it the development platform for the full range of the group’s expertise in Switzerland.

Pierre Landolt and Thierry Lombard become shareholders in ODDO BHF and Thierry Lombard joins the Group’s supervisory board.


ODDO BHF is an independent Franco-German financial services group, with a history stretching back over 170 years. It was created from the alliance of a French family-owned business built up by five generations of stock brokers and a German bank specialising in Mittelstand companies. With 2,300 employees and more than 110 billion euros in client outstandings, ODDO BHF operates in three main businesses, based on significant investment in market expertise: private banking, asset management and corporate and investment banking. The Group has a unique ownership structure as 65% of its capital is held by the Oddo family and 25% by employees. This partnership ethos guarantees the long-term commitment of its teams. In 2019, ODDO BHF generated net banking income of € 585 million and at 31 December 2019, the group had more than € 890 million in shareholders' equity.

About Landolt & Cie SA

Landolt & Cie SA, the oldest bank in French-speaking Switzerland, founded in 1780 by Samuel Hollard (first mayor of Lausanne, with the city regaining its independence from the canton of Berne – banker and wine merchant), is today the last independent private bank in the canton of Vaud. It has seen a succession of entrepreneurial families at its head from its inception to the present day. The Landolt family, descendants of the Sandoz family (now Novartis AG), entered the bank's capital in 1973 through Marc-Edouard, brother of Pierre Landolt, the current shareholder of the bank. At the end of 2015, the Lombard family decided to join forces with the Landolt family and currently holds a 50% stake in the bank's capital. Its private client business is mainly dedicated to local and entrepreneurial clients, with close to 75% of its clientele domiciled in Switzerland. Today, Landolt & Cie SA has just over CHF 3bn in assets under management and employs around 70 people. Its head office is in Lausanne. It has an office in Geneva, where a large part of its private client activities is concentrated, and an office in Zurich.

Press contact

Yoann Besse / Tom Ruvira
+33 6 63 03 84 91 / +33 7 60 90 89 18

DGM (France)
Hugues Schmitt / Christian d’Oléon
+33 1 40 70 11 89 / +33 6 08 49 89 07