Fresenius Group Overview

February 19, 2020

Fresenius Helios acquires first hospital in Bogotá, continuing expansion in Colombia’s private hospital market

Quirónsalud, the largest private hospital group in Spain and part of Fresenius Helios, has signed an agreement to acquire Clínica de la Mujer in Bogotá, further expanding the company’s presence in Colombia’s attractive private hospital market. Following the acquisitions in Medellin and Cali in the two previous years, this is the company’s first acquisition in Colombia’s capital city.

Clínica de la Mujer is located in a prime residential area of Bogotá, Colombia’s largest city, with a population of 7.4 million. The hospital puts a special focus on gynecology, pediatrics and obstetrics, helping mothers to deliver about 3,000 babies annually, while also offering a broad range of other medical specialties and services. It has approximately 80 beds and five operating rooms, and generated sales of about €20 million in 2019.

Both parties have agreed not to disclose the terms of the acquisition. The transaction is expected to close in the second quarter of 2020, pending antitrust clearance. Fresenius expects the acquisition of Clínica de la Mujer to be accretive to Group net income  in fiscal year 2020.

This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of clinical trials, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. Fresenius does not undertake any responsibility to update the forward-looking statements in this release.