AEVIS VICTORIA SA: Rosenklinik, ideally located in the canton of St-Gallen, joins Swiss Medical Network

AEVIS VICTORIA SA / Key word(s): Acquisition

23-Jan-2019 / 17:35 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 KR

The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Rosenklinik, ideally located in the canton of St-Gallen, joins Swiss Medical Network

Located in the centre of Rapperswill, in the canton of St. Gallen, and easily accessible to patients living on both sides of Lake Zurich, Rosenklinik joins Swiss Medical Network. This increases the number of hospitals of the group to 17 and the number of cantons to 12.

Rosenklinik, founded by Dr Marcel Jud and Dr Martin Pfister in 1995, moved to new premises near the Rapperswill train station in 2016. The operations of the clinic will be integrated into Swiss Medical Network as of February 1st, 2019. The continuation of the activities and its development will be in line with the strategic approach initiated by its founders. Rosenklinik is a listed hospital in the canton of St. Gallen with mandates for orthopaedics, surgery, urology and a partial mandate for neurosurgery. The integration of its activities within a group with a broad national base will allow the clinic to reinforce its services. Synergies with the group’s various establishments, especially Privatklinik Bethanien in Zurich and Privatklinik Lindberg in Winterthur, will directly benefit the patients and the physicians active in Rosenklinik and in other group entities.

Swiss Medical Network is acquiring an initial 40% stake in Rosenklinik SA through a capital increase, and will acquire the entire share-capital by the end of 2022 at the latest. As part of this acquisition, Swiss Medical Network will secure and promote jobs and support the clinic’s development in the coming years. With the arrival of new physicians, the development of medical synergies and the reinforcement of its service offering, Rosenklinik plans to double its activity in the medium term. In 2017, the clinic performed 1’132 surgical interventions and realised revenues of approximately CHF 10.3 million.

For more information:
Media Relations Swiss Medical Network: +41 79 635 04 10 or +41 79 607 99 69, media@swissmedical.net
Media Relations Rosenklinik SA: Elmar M. Jud, Chairman, +41 79 792 21 60, elmar.jud@advosg.ch

About Swiss Medical Network
With 17 clinics in all three of the country’s main linguistic regions, Swiss Medical Network is one of Switzerland’s two leading private clinics groups. It employs 3’000 persons and works with more than 2’000 physicians. Its growth strategy is based on the acquisition of clinic facilities and the restructuring of their operations. The main objective is to offer first-class medical and hospital care to Swiss and foreign patients. Swiss Medical Network is renowned for the high quality of its services, the value of its brand, the pleasant working environment and an experienced management team.

About Rosenklinik
Rosenklinik was founded in 1995 by orthopaedic surgeons Dr. Marcel Jud and Dr. Martin Pfister. After the retirement of Dr. Pfister 7 years ago, Dr. Jud became the clinic director and had the opportunity to transform Rosenklinik into a limited company and to realise the relocation to the new building in the centre of Rapperswil.

Rosenklinik is a listed hospital in the canton of St. Gallen since 2012 and is accessible to all patients regardless of their insurance coverage (common, semi-private or private), both for illnesses or accidents. The clinic employs approx. 70 persons, including 12 physicians, and offers high quality services in orthopaedics, surgery, hand surgery and pain therapy. Furthermore, it has a mandate for urology and for a subarea of neurosurgery.


End of ad hoc announcement


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