MEDICLIN AG — M&A Activity 2001

Dec 20, 2001

News Details

Corporate | 20 December 2001 12:12

Mediclin AG english

Müritz administrative district informs MediClin AG of a positive decision Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– – An acute care hospital with a strong performance and a turnover of more than EURO 25 million Frankfurt, 20. December 2001. The Müritz district council gave MediClin AG the green light to acquire 57.5 percent of the Müritz Clinic”s shares. The Müritz Clinic is a medical centre with 411 beds and a turnover of over EURO 25 million in 2001. The district council representatives made a decision in favour of MediClin yesterday evening since they view MediClin as a suitable partner for strengthening and further developing medical care in the region over the longer term. MediClin is already represented in Mecklenburg- West Pomerania with a number of facilities and recently took over the Crivitzer am See Hospital, a formerly state-funded clinic, which is also located in that region. Contracts for the acquisition of the Müritz Clinic are likely to be signed before the end of this year. MediClin AG MediClin AG is a state-wide clinic operator with head office in Frankfurt. The central administration of 42 clinics and facilities is in Offenburg. The MediClin facilities are distributed over 33 locations in 11 federal states and have a total capacity of over 8,700 beds. They include general hospitals, special treatment facilities, specialised hospitals, clinics for medical rehabilitation/subsequent nursing treatment and nursing facilities as well as highly specialised clinics for tumour diagnosis and therapy. Two facilities are run in the form of management agreements; MediClin has more than 9,000 employees of whom over 700 are physicians in various specialist fields For further information: MediClin AG Investor Relations Alexandra Mühr Wilhelm-Leuschner-Straße 9-11 60329 Frankfurt am Main / Tel.: (069) 25 60 02-13 / Email: alexandra.muehr@mediclin.de end of message, (c)DGAP 20.12.2001