05.27.2025

Mirova Merges with Thematics AM

05.27.2025
Deutsche Borse-LSE Merger in Focus

Two affiliate management companies of Natixis Investment Managers, Mirova, dedicated to responsible investment, and Thematics Asset Management, a specialist in thematic investment, announce a strategic merger project. This initiative aims to create a unique offering that combines innovation and positive impact in order to become a major player in thematic management worldwide. 

A major player of sustainable finance for over a decade, Mirova currently manages €32 billion1, including €3.1 billion1 in its thematic offering, which integrates six strategies focused on crucial issues such as the environment, climate, biodiversity, job creation, and diversity. Thematics AM reports €3.1 billion2 in assets concentrated on five themes: AI and robotics, water, security, health, and the subscription economy.  

The merger project between Mirova and Thematics AM is based on the complementary strengths of each entity. Mirova, which benefits from an international presence and recognized expertise in sustainable finance, develops investment solutions that aim to combine long-term value creation with a positive impact on the environment and society. Its wide range of strategies aims to meet the expectations of investors in Europe, North America, and Asia-Pacific. Thematics AM stands out for its innovative thematic investment strategies, aimed at providing access to promising markets supported by secular growth factors.

By combining their skills, Mirova and Thematics AM would be able to offer a diversified range of thematic investment products to meet the varied needs of investors while adhering to high sustainability standards. This merger project aims to create a unique offering in the asset management market, combining innovation and positive impact.

The closing of the transaction is expected in the fourth quarter of 2025, subject to the completion of applicable social procedures and obtaining the approval of the relevant regulatory authorities.

“This merger project perfectly aligns with our strategic ambition, Vision 2030. By uniting the strengths of Mirova and Thematics AM, we aim to address the growing needs of our clients in an increasingly competitive market.”

Philippe Setbon
CEO of Natixis Investment Managers

“This merger project with Thematics AM fully aligns with our strategic development. By joining forces, we could expand our offering in listed markets, better meet our clients’ expectations, and strengthen our position as a leader in responsible investment. This initiative perfectly aligns with our goal of doubling our assets by 2030 and increasing our positive impact on the environment and society.”

Philippe Zaouati
CEO of Mirova

“Following a successful initial development phase for Thematics AM, this strategic merger would enable us to offer enhanced collective expertise to our clients, providing a range of innovative thematic products that address their concerns and the challenges of our time.”

Karen Kharmandarian
President and CIO of Thematics AM
Source: Mirova

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