My car ('67 Monaco) sat in storage for 20 years, it was low on transmission oil and it would not shift into reverse (well, I could shift it into reverse but the car did not move). I had to add 2 liters of oil. I have since changed the shifter seal and the rear output seal and the o-ring on the fillter tube and a new transmission pan gasket. I did not change any bands or do anything else inside the transmission. You may not need to do that either other than fix the leaks.
Note that the 727, like all transmissions from the 60's and probably 70's have "non-lockup" torque converters. This type of operation is more stressful for transmission fluid vs the more universal lockup torque converter that is common for the past 30 years. There is more heat and shear stress on AT fluid in a non-locking torque converter, and a high-quality (and more expensive) fluid like Mobil ATF+4 will last much longer and perform better than the semi-synthetic (and cheaper) alternatives.
There is a Mobil ATF Multi-vehicle transmission oil available in Europe, I presume this includes Germany. It is listed as being compatible with Chrysler ATF+ / ATF+2 / ATF+3 / MS 7176E and several other Chrysler / Dodge / Jeep standards. Chrysler introduced MS 7176E in 1997 as ATF+3.
See this 2003 thread for more details:
Most or all of what ATF discussions and technical focus and opinion has been on for the past 30 years will pertain to transmissions with lockup torque converters and computer-controlled clutches. So there will be little hard data to point to when it comes to how the various oil options cope with our 50-60 year old torqueflites with non-lockup converters.
While I was typing this, I was having a short online chat with (a person or bot?) on the mobile.eu website. I asked if Mobile ATF+4 was available in Germany, he says "Let me check - No data regarding the product availability.". I then asked if Mobile Multi-Vehicle oil was available in Germany, the answer was Yes. I then asked if there was an available ATF+4 oil, after a few minutes he came back and asked for what vehicle, I answered with 1967 Chrysler Newport with torqueflight automatic transmission, fully expecting this chat to go off the rails at that point, which it did. Here is the response:
"unfortunately our system does not contains before 1980 specs. For more advanced support you can send us mail in English or German techdeskeurope <
techdeskeurope@exxonmobil.com>"
I would still say that that the Mobile Multi-Vehicle oil is a valid option for you. You might want to go down this rabbit hole and see if the techdeskeurope has anything authoritative to say about your oil options.