MEDICLIN AG — M&A Activity 2002

Jan 23, 2002

News Details

Corporate | 23 January 2002 13:15

Mediclin AG english

MediClin Acquires Leading Specialist Clinic in the Ruhr Area Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– MediClin Acquires Leading Specialist Clinic in the Ruhr Area – Growth and integration platform in the most densely populated region in Germany – Extension of modern outpatient services Essen-Kettwig, 23 January 2002. MediClin AG takes over the Rhein-Ruhr Specialist Clinic located in Essen-Kettwig with effect from 1 January 2002. The former owners have decided to sell the institution to MediClin in order to strengthen and systematically develop the clinic and its highly qualified medical services with a strong and competent partner. The specialist clinic which generated a turnover of approximately 30 million Euro in 2001 is the largest in-patient rehabilitation institution in the Ruhr area. With 556 beds in the fields of cardiology, neurology and orthopaedics the clinic also provides innovative services in the outpatient area. The Rhein- Ruhr Specialist Clinic includes the rehabilitation center Essen, a modern outpatient treatment center in the city of Essen that provides medical care services close to residential areas as a “satellite” of the specialist clinic. Mixed inpatient and outpatient rehabilitation is a future-oriented and effective health care concept that is also supported and encouraged by politics to provide a medical supply network that is close to residential areas Through the acquisition of the regionally leading Rhein-Ruhr Specialist Clinic MediClin is forming an excellent basis for establishment of a high efficiency outpatient network in the most densely populated conurbation in Germany. Further outpatient facilities are planned to be established within the scope of the “Satellite Concept”. Linking inpatient and outpatient acute care and rehabilitation medicine and the cooperative inclusion of all medical care providers including general practitioners is one of the main success factors in MediClin”s regional integration concept. This creates the preconditions for optimal patient-oriented treatment in both medical and economic terms. MediClin is already represented in North Rhine-Westphalia with several institutions: the Robert Janker Clinic in Bonn, an acute-care hospital with focus on radiology and radio oncology, a radiological-nuclear medicine institution and the Reichshof Rehabilitation Center, a clinic specialising in oncology, neurology and pneumology, as well as Rose Clinic (specialist clinic for orthopaedics, rheumatology and oncology). Within the MediClin Group, the Rhein-Ruhr Specialist Clinic will assume a strategically important “bridging function”, both within the Ruhr catchment area and also with respect to MediClin”s activities in the North Rhine- Westphalia region. Due to its high medical competence and the established cooperation with acute care hospitals in the surrounding area, the specialist clinic situated at the “Ruhrhöhen” is an ideal basis for further extension of the Rhein-Ruhr regional network. About MediClin (Symbol: MED, WKN: 659 510) MediClin AG is a nation-wide clinic operator with head office in Frankfurt The administrative headquarters of 44 clinics and facilities is in Offenburg. The MediClin facilities are distributed over 36 locations in 11 federal states and have a total capacity of over 9,500 beds. They include general hospitals, special treatment facilities, specialised hospitals, clinics for medical rehabilitation/subsequent nursing treatment and nursing facilities. Two facilities are run in the form of management agreements; MediClin has more than 10,000 employees of whom about 800 are physicians in various specialist fields For more information please contact: MediClin GmbH Investor Relations Alexandra Muehr Wilhelm-Leuschner-Strasse 9-11 60329 Frankfurt am Main Phone: +49 (0) 69 256002-13 Fax: +49 (0) 69 256002-69 Email: alexandra.muehr@mediclin.de http://www.mediclin.de end of message, (c)DGAP 23.01.2002