Lazard Appoints David Krap to Lead European Consumer Banking
Lazard names David Krap Managing Director and Co-Head of European Consumer, Retail & Leisure, bringing 20-plus years of M&A advisory expertise.
Lazard, Inc. (NYSE: LAZ) announced Monday the appointment of David Krap as Managing Director and Co-Head of European Consumer, Retail & Leisure, bolstering its advisory bench in a sector that has seen heightened deal activity across the continent.
Krap arrives with more than two decades of experience advising on mergers and acquisitions in the consumer space, with a stated emphasis on food-sector transactions. The London-based role positions him to co-lead one of the firm's strategically important European practices at a time when consumer and retail companies are navigating shifting demand patterns, inflationary pressures, and ongoing consolidation.
Read more Lazard Names David Krap Co-Head of Europe Consumer and Retail →
The hire underscores Lazard's continued investment in sector-specific advisory talent in Europe. By pairing deep industry knowledge with the firm's global network, the bank aims to capture a larger share of mandates as consumer and leisure companies weigh strategic combinations, divestitures, and restructurings.
Lazard has historically competed for premium advisory assignments against bulge-bracket banks and independent boutiques alike. Adding a seasoned practitioner with a two-decade track record in consumer M&A signals the firm's intent to deepen client relationships across retail, food, and leisure verticals in the European market.
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