FMS Wertmanagement AöR, a winding-up institution wholly owned by the German government, has acquired DEPFA BANK plc, Dublin – together with its subsidiaries – from Hypo Real Estate Holding AG ("HRE"), effective 19 December 2014. The transaction has thus been closed.

Media contacts 

FMS Wertmanagement 

Andreas Henry, +49-89- 9547627 250, This email address is being protected from spambots. You need JavaScript enabled to view it.

HRE 

Walter Allwicher, +49-89-2 88 02 87 87, This email address is being protected from spambots. You need JavaScript enabled to view it.

Oliver Gruß, +49-89-2 88 02 87 81, This email address is being protected from spambots. You need JavaScript enabled to view it.

Note to editors 

FMS Wertmanagement was established in July 2010 for the purpose of taking over and unwinding the HRE Group’s risk positions and non-strategic operations in ways aimed at minimising losses. Favourable funding conditions in the capital markets are key to this endeavour. The Federal Republic of Germany is the sole owner of FMS Wertmanagement via the Financial Market Stabilisation Fund (SoFFin).