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After expiration of deadline: further negotiations of transaction to acquire parts of VAMED Group

11 March 2025

Closing conditions of purchase agreement remain unfulfilled at contractually agreed date
Negotiation of key points of transaction by STRABAG/PORR being continued

Vienna, 11 March 2025, 4:45 p.m.

The purchase agreement for the acquisition of parts of VAMED Group, concluded in May 2024 between a joint holding company of STRABAG SE and PORR AG as the buyer on the one hand and VAMED AG (a group company of Fresenius SE & Co. KGaA of Germany) as the seller on the other, has not been fulfilled by the contractually agreed date. Among other things, approval from the relevant competition authority has not yet been obtained.

The purchase agreement includes VAMED-KMB Krankenhausmanagement und Betriebsführungsges.m.b.H. (VKMB) and VAMED Standortentwicklung und Engineering GmbH (VSG) with the technical operations management and construction projects divisions of Vienna General Hospital (AKH Wien), the Austrian project development business and the spa holdings in Austria.

The STRABAG-PORR consortium has therefore entered into further negotiations with the seller regarding the purchase agreement.

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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.