AEVIS VICTORIA SA / Key word(s): Acquisition
23-Jan-2019 / 17:35 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Rosenklinik, ideally located in the canton of St-Gallen, joins Swiss Medical Network
Located in the centre of Rapperswill, in the canton of St. Gallen, and easily accessible to patients living on both sides of Lake Zurich, Rosenklinik joins Swiss Medical Network. This increases the number of hospitals of the group to 17 and the number of cantons to 12.
Rosenklinik, founded by Dr Marcel Jud and Dr Martin Pfister in 1995, moved to new premises near the Rapperswill train station in 2016. The operations of the clinic will be integrated into Swiss Medical Network as of February 1st, 2019. The continuation of the activities and its development will be in line with the strategic approach initiated by its founders. Rosenklinik is a listed hospital in the canton of St. Gallen with mandates for orthopaedics, surgery, urology and a partial mandate for neurosurgery. The integration of its activities within a group with a broad national base will allow the clinic to reinforce its services. Synergies with the group’s various establishments, especially Privatklinik Bethanien in Zurich and Privatklinik Lindberg in Winterthur, will directly benefit the patients and the physicians active in Rosenklinik and in other group entities.
Swiss Medical Network is acquiring an initial 40% stake in Rosenklinik SA through a capital increase, and will acquire the entire share-capital by the end of 2022 at the latest. As part of this acquisition, Swiss Medical Network will secure and promote jobs and support the clinic’s development in the coming years. With the arrival of new physicians, the development of medical synergies and the reinforcement of its service offering, Rosenklinik plans to double its activity in the medium term. In 2017, the clinic performed 1’132 surgical interventions and realised revenues of approximately CHF 10.3 million.
For more information:
About Swiss Medical Network
Rosenklinik is a listed hospital in the canton of St. Gallen since 2012 and is accessible to all patients regardless of their insurance coverage (common, semi-private or private), both for illnesses or accidents. The clinic employs approx. 70 persons, including 12 physicians, and offers high quality services in orthopaedics, surgery, hand surgery and pain therapy. Furthermore, it has a mandate for urology and for a subarea of neurosurgery.
End of ad hoc announcement