Crédit Agricole finalizes acquisition of Milleis
LCL and Crédit Agricole Assurances have completed the acquisition of Milleis. The transaction reinforces their wealth management strategy.
LCL, a subsidiary of Crédit Agricole, along with Crédit Agricole Assurances, announced on April 30, 2026, the finalization of their acquisition of Milleis.
This strategic move is aimed at strengthening the group's presence and capabilities in the wealth management sector. Milleis specializes in wealth management and private banking services, making it a key target for expansion.
The acquisition aligns with Crédit Agricole's broader strategy to enhance its offering for affluent clients. By integrating Milleis, LCL expects to broaden its service portfolio and client base within the French market.
Financial terms of the deal were not disclosed. The integration of Milleis is anticipated to bolster Crédit Agricole's competitive position in the expanding French wealth management landscape.