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
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.