Sana Kliniken AG (“Sana”) has entered into an agreement with the City of Offenbach to purchase 90% of the shares of Klinikum Offenbach GmbH (“Klinikum Offenbach”). Closing took place on 31 July 2013. Sana will invest at least EUR 110m into the infrastructure of Klinikum Offenbach as well as an additional EUR 20m for employee training and structural changes.
In 2010, Klinikum Offenbach inaugurated a new hospital building. Klinikum Offenbach provides a very broad range of largely inpatient services in 18 clinics with 926 beds. It is a maximum care hospital as well as a teaching hospital of the Johann Wolfgang Goethe University Frankfurt.
In 2012, Klinikum Offenbach had revenues of EUR 150m and employed more than 2,100 employees.
Sana is one of the largest private German hospital providers. Its shareholders are 31 private health insurance companies. In 2012 Sana generated revenues of EUR 1.8b and employed 26,100 employees.
The PwC M&A team in Germany acted as exclusive financial adviser to Sana.
PwC employs nearly M&A 1,000 professionals all over the world, realizing approximately 300 successful transactions per year. We specialize in a wide range of independent M&A services including advice on acquisitions and disposals, mergers and public takeovers as well as structured financing.
The PwC deal team consisted of Alexander von Friesen (Partner) and Godfried Hangx (Manager).
For more information please contact Alexander von Friesen on +49 69 9585 5487.
Partner, Co-Head Mergers & Acquisitions: Automobilindustrie, Industrielle Produktion
Tel.: +49 69 9585-5667
Dr. Alexander von Friesen
Partner, Co-Head Mergers & Acquisitions: Gesundheitswesen, Handel und Konsumgüter
Tel.: +49 69 9585-5487