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STRABAG planning to acquire parts of VAMED Group together with PORR

7 May 2024

Acquisition of technical operations management and construction projects divisions of Vienna General Hospital (AKH Wien), Austrian project development business and spa holdings
Purchase agreement signed by joint STRABAG SE and PORR AG holding company, total purchase price around € 90 million
Finalisation of transaction on part of STRABAG SE subject to approval by Supervisory Board

The Management Board of STRABAG SE hereby discloses that STRABAG SE, together with PORR AG, intends to acquire parts of the VAMED Group via a joint holding company for a total purchase price of around € 90 million. The seller is VAMED AG, which is majority-owned by Fresenius SE & Co. KGaA of Germany. The object of the transaction is VAMED-KMB Krankenhausmanagement und Betriebsführungsges.m.b.H. (VKMB) and VAMED Standortentwicklung und Engineering GmbH (VSG), comprising the technical operations management and construction projects divisions of Vienna General Hospital (AKH Wien), the Austrian project development business and VAMED’s spa holdings in Austria.

The purchase agreement was signed today. PORR AG and STRABAG SE will each hold half of the buyer company. STRABAG SE still requires approval from its Supervisory Board in order to finalise the transaction.

The transaction is also subject to regulatory approval, including approval by the relevant competition authorities.

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Marianne Jakl
Head of Corporate Communications, Spokeswoman

+43 1 22422 1174

pr@strabag.com

Marco Reiter
Head of Investor Relations

+43 1 22422 1089

marco.reiter@strabag.com

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.