30.06.2025
VEDRA Pensions GmbH ("VEDRA") will take over the German pension liabilities of OWH SE i. L. (“OWH“), by way of a buy-out.
OWH is currently in the process of being wound up. As part of this procedure, the organization is terminating all current business and client connections.
In addition, the company conducted a detailed selection process in order to identify a sustainable solution for the company pension scheme for employees. VEDRA has been selected to take over a pensioner company that was previously established. This takeover is scheduled to take place at the beginning of September 2025. The pension liabilities of OWH have been transferred to this company. As a result, VEDRA assumes all the risks and liabilities associated with the pension scheme. These will be managed within the VEDRA Group and secured by an external dual trust (CTA), consisting of an administrative trust and a security trust. This ensures that the trust assets are used for their intended purpose. VEDRA invests an equity contribution in the pensioner company, as is customary in international comparison, ensuring a corresponding alignment of interests.
Investment of the capital will be via a German special fund.
VEDRA investiert einen im internationalen Vergleich üblichen Eigenkapitalbeitrag in die Rentnergesellschaft, so dass eine entsprechende Interessensübereinstimmung sichergestellt wird.
“We are delighted to be taking on the responsibility for OWH’s pension scheme”, says Michael Christner, Managing Director of VEDRA. “Our success in this selection process as a reliable partner underlines that our business model and working methods meet the highest standards. This recognizes our expertise and our commitment to providing secure and sustainable solutions.”
About OWH SE i.L.
The OWH is the former/renamed VTB Bank (Europe) SE.
For further information please visit their homepage: OWH SE i.L.
About VEDRA Pensions
VEDRA Pensions GmbH is a German holding company that specialises in innovative and pragmatic solutions related to pension buy-outs. Since its foundation in 2016, VEDRA has proven itself in the German market when it comes to relieving companies of the risks associated with pension obligations: Inflation risk, longevity risk, interest rate risk and market risk. The VEDRA model results in a complete economic and legal relief of the company from liability, in combination with the derecognition of the obligations from the balance sheet. For the entitled pensioners, this has the advantage that the obligations are fully funded. VEDRA currently supports several thousand beneficiaries. For more information, please visit our website: Vedra Pensions – Home of Pensions
Follow VEDRA Pensions on LinkedIn: VEDRA Pensions
For questions or interview requests, please contact: