Schoenherr (Schönherr Rechtsanwälte)

Schoenherr (Schönherr Rechtsanwälte)

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News and developments

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

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...