Global healthcare group Fresenius is simplifying the divestment of Vamed’s Austrian activities by a sale in two independent steps in order to accelerate the process.
In May, construction companies Porr and Strabag had agreed to acquire the Vienna General Hospital operational management and construction projects of the hospital, the Austrian project development business of Vamed and Austrian thermal spa holdings. Poss and Strabag were to hold a 50% stake in the acquiring consortium. The purchase price to Porr amounted for €45m, to be paid in instalments.
The original agreement has now been replaced by a direct contract with Porr for the sale of the Austrian project business and the thermal spas operations of Vamed. In-depth talks are also ongoing with Strabag regarding remaining parts of Vamed’s Austrian activities – primarily the operations business of the Vienna General Hospital.
Fresenius sold the majority of Vamed’s rehab business to PAI in 2024.