Porr/Viacama: Acquisition Finalized by Year-End

The domestic construction group Porr has received the necessary approvals for the announced acquisition of the Austrian project development business of the healthcare provider Viacama (formerly Vamed). This was announced by Porr and the German healthcare group Fresenius as the seller on Tuesday. The package also includes minority stakes in five Austrian thermal spas. The acquisition will be completed by December 31.

Porr promises "customary professionalism"

Porr is thus strengthening its competencies in the holistic planning and realization of hospitals and healthcare facilities, according to the announcement. The acquired contracts in Austria are to be "accompanied and implemented with customary professionalism." These include the district hospital Reutte, the AUVA Trauma Center Brigittenau, and the AUVA - Rehabilitation Center Vienna. Porr already has many years of experience in the healthcare sector: on the one hand through the construction of healthcare facilities, and on the other hand through its stakes in a total of eight clinics and healthcare facilities in Austria.

Entry into the thermal spa business

Porr, subject to further approvals, is also taking over the existing minority stakes in five Austrian thermal spa resorts and the operation of Vamed Vitality World, which operates these spas among others. These include the Tirol Therme Längenfeld, the Spa Resort Geinberg, the Thermenresort Laa, the St. Martins Therme & Lodge in Frauenkirchen, and the Tauern Spa Zell am See - Kaprun. Although there is no direct stake in the Therme Wien, there is also a management agreement.

Originally, Porr and Strabag announced the joint purchase of the Vamed Austria division in May 2024. In October of this year, it became known that Porr would take over the Austrian project development business of Vamed and the thermal spa stakes in Austria alone. Strabag initially negotiated separately for a takeover of the management of the AKH Vienna (part of the Vamed business, note). Shortly thereafter, the talks between Strabag and the healthcare provider Viacama were ended without an agreement.

(APA/Red)

This article has been automatically translated, read the original article here.