Austria: Hospital Consolidation – a Driver of M&A Activity

Schoenherr (Schönherr Rechtsanwälte) | View firm profile

2016 has seen a surprising level of deal
activity in the (private) Austrian hospital sector: in Vienna, PremiQaMed, a
100 % subsidiary of UNIQA insurance group, acquired a 75 % stake in
the renowned private hospital "Goldenes Kreuz", and the hospitals
Hartmannspital and St. Elisabeth announced a merger to form the new
"Franziskus" hospital. In Linz (Upper Austria), the
"Elisabethinen" and the hospital operated by the Sisters of Charity
agreed to combine to form a regional player with approx. 1,200 beds. read more…

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