Helios Kliniken Group’s Takeover of DRK-Kliniken Nordhessen

Luther and semper fidelis Rechtsanwälte advised DRK-Schwesternschaft Kassel e.V. Dentons Europe advised Helios Kliniken GmbH.

DRK-Kliniken Nordhessen (“DRK”) in Kassel announced its the sale out of insolvency proceedings of to Helios, the largest European hospital group.

The DRK hospital with sites in Kassel-Wehlheiden and Kaufungen, which has a long history, has a total of 433 beds, twelve specialist departments as well as ten interdisciplinary centres and more than 1,000 employees. In June of this year, the former “reorganisation managing director” Alexander Lottis (ENDERA Group) filed an application to open insolvency proceedings. Dr Franz-Ludwig Danko, who was appointed provisional insolvency administrator, tried to find suitable investors.

With this acquisition, the Helios Kliniken Group, Germany’s and Europe’s largest private hospital operator, is securing the continued existence of a site that is important for healthcare provision in northern Hesse, expanding at the same time its coverage of the region. The intention is to establish a medical care network across states with the Helios site in Warburg in the German state of North Rhine-Westphalia. Helios Kliniken GmbH is a subsidiary of Fresenius SE & Co KGaA.

The Luther team included Thomas Köhler (Picture – Partner), Sebastian Fedder (Partner), Dr Marcus Backes (Partner), Dr Jan-David Jäger (Associate).

The Semper fidelis team was led by Timm Hartwich (insolvency law).

The Dentons Europe LLP included Dirk Schöne (Partner); Judith Schmid (counsel).

The inhouse at Helios Kliniken GmbH consisted of Carolin Tetzel and Dirk Schneider.

Involved fees earner: Judith Schmid – Dentons; Dirk Schoene – Dentons; Marcus Backes – Luther Rechtsanwaltsgesellschaft mbH; Sebastian Fedder – Luther Rechtsanwaltsgesellschaft mbH; Jan-David Jäger – Luther Rechtsanwaltsgesellschaft mbH; Thomas Köhler – Luther Rechtsanwaltsgesellschaft mbH; Timm Hartwich – semper fidelis Rechtsanwälte;

Law Firms: Dentons; Luther Rechtsanwaltsgesellschaft mbH; semper fidelis Rechtsanwälte;

Clients: DRK-Schwesternschaft Kassel e.V.; HELIOS Kliniken GmbH;

Author: Federica Tiefenthaler