
CURA Group sells 2 clinic locations to MEDIAN
Düsseldorf — ARQIS has provided comprehensive legal advice to the CURA Group on the sale of its two clinic locations in Bad Saulgau, Baden-Württemberg. Following completion of the transaction, the MEDIAN Group will take over the Klinik am schönen Moos and the Bad Saulgau acute clinic from CURA, both of which specialize in psychosomatic acute and rehabilitation medicine. With around 150 employees, both hospitals treat around 2,200 patients a year. The closing of the transaction is still subject to merger control clearance by the German Federal Cartel Office.
The CURA Group is a private provider of healthcare services and has been operating senior living and care facilities as well as rehabilitation clinics since 1995. The Group employs over 5,300 people at 46 locations throughout Germany.
The MEDIAN Group is a leading European provider of mental health, specialized care and rehabilitation services. With over 31,000 employees in 410 facilities in Germany, the UK and Spain, MEDIAN cares for more than 309,000 patients and residents every year.
An ARQIS team led by Dr. Jörn-Christian Schulze provided comprehensive legal advice to the CURA Group on the sale of the two facilities as part of a bidding process. Dr. Ulrich Lienhard, Partner in the Real Estate department at ARQIS, advised with a team on real estate law aspects of the transaction. ARQIS once again provided CURA with legal support.
Advisor CURA Group: ARQIS (Düsseldorf)
Dr. Jörn-Christian Schulze (Partner, Lead), Severin Steffens, photo © Arqis (Managing Associate, both Transactions), Dr. Ulrich Lienhard (Partner, Real Estate), Partner: Thomas Chwalek (Transactions), Counsel: Jens Knipping, Dennis Reisich (Munich, both Tax), Martin Weingärtner (HR Law), Managing Associates: Laura Ally Rizzi, Dr. Maximilian Backhaus (Transactions), Tim Bresemann (Real Estate), Marina Bumeder (HR Law, Munich), Luise Schüling (Regulatory), Rolf Tichy (IP), Associates: Dr. Bernhard Gröhe (Regulatory), Lia Papismedova (Real Estate), Senior Legal Specialist: Qing Xia
M&A advisor for CURA: WMCF
www.wm-cf.com
About ARQIS
ARQIS is an independent commercial law firm that operates internationally. Around 80 lawyers and legal specialists advise domestic and foreign companies at the highest level on German, European and Japanese commercial law. With its focus groups Transactions, HR Law, Japan, Data Law, Risk and Regulatory, the firm is geared towards providing its clients with comprehensive advice. The law firm was founded in 2006 and has offices in Düsseldorf, Munich and Tokyo as well as a talent hub in Berlin. — www.arqis.com