AEVIS VICTORIA SA / Key word(s): Acquisition
18-May-2021 / 18:54 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Fribourg, 18 May 2021
AEVIS VICTORIA SA acquires the remaining 80% of the share capital of Klinik Pyramide am See AG and integrates it into its subsidiary Swiss Medical Network
AEVIS VICTORIA SA (AEVIS) today signed an agreement with the physician shareholders of Klinik Pyramide am See AG to acquire the remaining share capital of the Zurich-based private hospital. This participation will be integrated into its subsidiary Swiss Medical Network SA, which already held a 20% stake in Klinik Pyramide am See AG since 2011. With around 120 employees and 80 physicians, Pyramid Clinic achieved revenues of CHF 18 million and an EBITDAR of CHF 3.6 million in 2020. The transaction will be carried out primarily through a share exchange and Klinik Pyramide am See AG will be consolidated into AEVIS from 1 July 2021.
For further information:
AEVIS VICTORIA SA – Investing for a better life
End of ad hoc announcement