Rhön-Klinikum AG | |
Foundation: | 1973 |
Location: | Bad Neustadt an der Saale, Germany |
Key People: | Stephan Holzinger (CEO and chairman of the management board), Eugen Münch (Chairman of the supervisory board) |
Industry: | Health care |
Services: | Private hospitals and health centres |
Revenue: | €2.550 billion (2010)[1] |
Operating Income: | €197.9 million (2010) |
Net Income: | €139.7 million (2010) |
Assets: | €3.058 billion (2010) |
Equity: | €1.495 billion (2010) |
Num Employees: | 38,060 (end 2010) |
Homepage: | rhoen-klinikum-ag.com |
Rhön-Klinikum is a German cooperation of hospitals and clinics headquartered in Bad Neustadt an der Saale, Germany.[2] It is a leading private hospital group in Germany.
Founder Eugen Münch tried to sell Rhön-Klinikum to rival Fresenius in 2012 but German billionaire Bernard Broermann, fearing a dominant rival to his hospital chain Asklepios Kliniken, amassed a big enough stake in Rhön to block the deal.[3] The firm still sold most of its hospitals to Fresenius in September 2013 for around $4.1 billion.[4]
In 2020, Asklepios Kliniken, which already held 28.7% of Rhön's shares at the time, announced plans to initially buy a 12.4% stake from Münch. The two would then pool Münch's remaining stake of 7.6% in Rhön with shares held by Asklepios. As a result, their joint investment company would hold at least 49% in Rhön.[5]