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MEDICLIN AG M&A Activity 2007

Dec 20, 2007

280_rns_2007-12-20_2e91ac21-9e03-411b-8578-d8a71984e290.html

M&A Activity

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News Details

Ad-hoc | 20 December 2007 17:54

MediClin AG aquires majority of Kraichgau-Klinik AG

MediClin AG / Acquisition

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Kraichgau-Klinik AG change of ownerships

Frankfurt, December 20, 2007 –MediClin AG is taking over the majority of
shares (75 percent) of Kraichgau-Klinik AG including the associated
facilities in Baden-Württemberg und Hessen from Landesbank
Baden-Württemberg (LBBW). LBBW holds no shares any more of Kraichgau-Klinik
AG.
The Herzzentrum Lahr Lahr/Baden, the Rehabilitationszentrum
Gernsbach/Schwarzwald, the Kraichgau-Klinik Bad Rappenau and the
Vitalis-Klinik, Bad Hersfeld are subsidiaries of the Kraichgau-Klinik
Group.
In total the Kraichgau-Group employs about 800 persons and achieved
revenues of 55 million EUR in 2006. Silence was agreed on the purchase
price.


Information and Explaination of the Issuer to this News:

Kraichgau-Klinik AG change of ownerships
Frankfurt, December 20, 2007 –MediClin AG is taking over the majority of
shares (75 percent) of Kraichgau-Klinik AG including the associated
facilities in Baden-Württemberg und Hessen from Landesbank
Baden-Württemberg (LBBW). LBBW holds no shares any more of Kraichgau-Klinik
AG.
The Herzzentrum Lahr Lahr/Baden, the Rehabilitationszentrum
Gernsbach/Schwarzwald, the Kraichgau-Klinik Bad Rappenau and the
Vitalis-Klinik, Bad Hersfeld are subsidiaries of the Kraichgau-Klinik
Group.
In total the Kraichgau-Group employs about 800 persons and achieved
revenues of 55 million EUR in 2006. Silence was agreed on the purchase
price.

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The Herzzentrum Lahr is one of the leading heart surgery hospitals with
medical focuses on endoscopic bypass and aorta surgery, implantation of
biological aortic valve prosthesis, cardiac valve replacement and cardiac
valve reconstruction. The post acute care offers the
Rehabili¬tationszentrum Gernsbach, which is specialised on early
rehabilitation after heart attacks and heart surgeries. In addition the
Zentrum is specialised on orthopaedic subsequent nursing treatment
respective the after treatment of orthopaedic surgery The Kraichgau-Klinik
Bad Rappenau is a special treatment facility for rehabilitation,
prevention, oncology oncological subsequent nursing treatment and
chronically pain diseases. The Vitalis-Klinik, Bad Hersfeld is a clinic and
rehabilitation centre which focuses on digestive and metabolic diseases.

About MediClin AG (Ticker: MED; WKN: 659 510)
MediClin AG is a nation-wide clinic operator and large provider of services
in the area of Psycho- and Neurosciences as well as Orthopaedic. With 30
clinics and 8 nursing care facilities and 3 Medizinische Versorgungszentren
(medical care units) in 11 federal states MediClin has a total capacity of
approximately 7,400 beds. MediClin’s facilities include acute care clinics,
i.e., general hospitals, special treatment facilities, specialised
hospitals and clinics for post-acute treatment and medical rehabilitation.
MediClin has approximately 6,900 employees.
20.12.2007 Financial News transmitted by DGAP


Language: English
Issuer: MediClin AG
c/o MediClin Geschäftsführungs-GmbH Okenstraße 27
77652 Offenburg
Deutschland
Phone: +49 (0)69 25 60 02-0
Fax: +49 (0)69 25 60 02-69
E-mail: [email protected]
Internet: www.mediclin.de
ISIN: DE0006595101
WKN: 659510
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Stuttgart

End of News DGAP News-Service