PORR AG: PORR acquires parts of the VAMED Group together with STRABAG

Vienna (pta044/07.05.2024/22:00 UTC+2)

PORR AG and STRABAG SE have reached an agreement in principle on the acquisition of parts of the VAMED Group of VAMED Aktiengesellschaft. According to the agreement, the Vienna General Hospital operational management and construction projects of the Vienna General Hospital (AKH Betriebsführung und Bauprojekte des AKH Wien), the Austrian project development business of VAMED and Austrian thermal spa holdings are to be acquired. The seller is VAMED Aktiengesellschaft, which is majority-owned by the German Fresenius SE & Co. KGaA.

The acquisition will take place via a joint holding company on the buyer's side, with PORR and STRABAG each holding 50% of this subsidiary, subject to the approval of the supervisory board of STRABAG SE. The purchase price for PORR amounts to EUR 45m and will be paid in instalments.

The transaction is also subject to the approval of the relevant competition authorities.

Please contact us if you have any questions:

Karl-Heinz Strauss, CEO
PORR AG
Tel.: +43 (0)50 626-1000

E-Mail: comms@porr-group.com

Lisa Galuska
Head of Investor Relations
PORR AG
Tel.: +43 (0)50 626-1765

E-Mail: ir@porr-group.com

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Emitter:	PORR AG Absberggasse 47 1100 Wien Austria
Contact Person:	Dir. Prok. Rolf Petersen
Phone:	050626-1199
E-Mail:	investor.relations@porr.at
Website:	www.porr-group.com
ISIN(s):	AT0000609607 (Share) AT0000A39724 (Bond) XS2113662063 (Bond) XS2408013709 (Bond)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Frankfurt (Basic Board)