Bank Delen's René Havaux: ‘We would like to do more acquisitions’

Bank Delen would like to do more acquisitions in the Benelux, says its CEO in an interview with Investment Officer. ‘The Luxembourg market is difficult though, because of the fiscal differences. So we would need to buy a local Luxembourg player with local clients. There are not many of those.’

The integration of Bank Delen’s recent acquisitions in the Netherlands is going smoothly, says Havaux. ‘The customers of Nobel Vermogensbeheer [which Delen acquired in 2019] have all moved to our funds.’