On July 10, the members of the Bundesverband Mergers & Acquisitions e.V. met at the new campus of the Frankfurt School of Finance and Management for this year’s general meeting. In addition to new board elections, the agenda included some changes to the articles of association and the reorganization of membership categories and fees for the first time in many years. As usual, Prof. Kai Lucks reviewed the year for the board and reported on the working groups. Martin Mildner, Global Head of M&A and General Counsel of the Otto Group, was newly elected to the Executive Board. Rudolf Hübner was no longer available for a position on the Executive Board, but the entire Executive Board and all those present thanked him once again for his dedication and great commitment! Prof. Kai Lucks was re-elected as Chairman, Prof. Dr. Reinhard Meckl as Deputy Chairman, Matthias Schwierz as Secretary, Ralf-Georg Mittler as Treasurer, Prof. Thorsten Feix and Ruth Zehetmeier-Müller.
The new contribution regulations, which apply to new members with immediate effect and to existing members from January 1, 2019, include the following categories and contributions:
Membership category incl. membership fee p.a.
- M&A service provider EUR 2,000
- Company/Corporate 400 EUR
- Private Equity/Family Offices EUR 800
- Private individuals EUR 200
The new category “Private Equity / Family Offices” is primarily intended to emphasize the importance of financial investors for the M&A business as well as the association’s work. The “Junior Advisor” category will no longer exist in future. For the existing members classified here, a transitional arrangement regarding the fee was agreed for 2019 (EUR 1,000 instead of EUR 2,000).
The detailed 2018 Executive Board report is available on the BM&A website www.bm-a.de can be viewed.
Author: Laura Uhde