Legal corporate structure
MLP’s company organisation follows a holding structure. MLP AG held the subsidiaries MLP Finanzdienstleistungen AG and Feri Finance AG on the reporting date December 31, 2008. MLP Finanzdienstleistungen AG has its own full banking licence. This is an important USP within the Group.
Feri Finance AG, Bad Homburg v. d. Höhe and its range of subsidiaries are the ratings and research specialists in the MLP Group, which develop investment concepts and look after wealthy private and institutional investors under their own mandate. MLP holds 56.6% of the shares in Feri and will also acquire the remaining shares in the company in 2011.
To strengthen our occupational pension provision business segment, in 2008, MLP Finanzdienstleistungen AG acquired a 100% share of the voting rights in TPC-Group GmbH, Hamburg, which it later merged with BERAG Beratungsgesellschaft für betriebliche Altersvorsorge und Vergütung GmbH. We then renamed this company TPC THE PENSION CONSULTANCY GmbH.
MLP Finanzdienstleistungen AG operates the joint venture “MLP Hyp GmbH” in Schwetzingen together with the mortgage broker Interhyp. MLP Finanzdienstleistungen AG’s share in this company is 49.8%.