Porr/Strabag do not take over Vamed Austria division after all

The purchase agreement concluded by an investment company was "rescinded today, as the implementation could not proceed as planned," Strabag announced. "In particular, the approval of the competent competition authority was not available," the spokesperson explained the reason for the delay. According to the German healthcare group Fresenius, which currently owns Vamed's core business as the seller, the sale will be "accelerated and simplified" by the new approach.

Strabag may take over AKH operations management alone

However, the new agreement is still subject to regulatory approval, as the German healthcare group explained. According to APA information, the planned sale has not yet been registered with the responsible EU Commission - neither in the originally planned nor in the current configuration. This is evident from a corresponding database of the Brussels authority. According to an explanatory page of the EU Commission, affected companies can also contact EU competition authorities before a formal registration to prepare the registration. APA did not receive official confirmation that such discussions have taken place.

Strabag is now negotiating alone to acquire Vamed-KMB Krankenhausmanagement und Betriebsführungsges.m.b.H. with the business areas of AKH Vienna technical operations management and the construction projects of AKH Vienna. There are also constructive discussions with the Vienna Health Association (WIGEV), according to Strabag. As recently reported by the "Kurier," there were concerns in the Vienna City Hall that the two construction companies, by purchasing the technical operations management of AKH Vienna, aim to secure construction contracts for renovations, new constructions, and extensions planned until 2030 worth 1.4 billion euros.

"Vitality-World" spas go to Porr

Porr will take over, in addition to the spa holdings in Austria, the Austrian project development business of Vamed. The Vamed spas in Austria include the "Vitality-World" spas in Vienna, Geinberg, Längenfeld, Kaprun, Laa, and the St. Martins Therme in Frauenkirchen. According to Porr, the purchase price will be a symbolic euro. Additionally, the companies will be capitalized accordingly to offset liabilities, the construction company explained in a statement on Friday. The Austrian project development business includes consulting and project services in the healthcare sector.

The purchase of Vamed's core company by Porr and Strabag, announced in May 2024, was delayed due to the lack of approval by the competition authorities. The German healthcare group Fresenius intends to completely divest its Austrian subsidiary Vamed. In February, the sale of the international Vamed project business Health Tech Engineering (HTE) to the Worldwide Hospitals Group (WWH) was completed. The Vamed rehabilitation clinics were sold to the French financial investor PAI Partners in autumn 2024. The hospital services business was integrated into the Vamed parent company Fresenius.

(APA/Red)

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