News cometis AG, Frankfurt City - Germany

Takeover of Vitanas and PFLEGEN & WOHNEN Hamburg through Oaktree; 17.08.2017

Successful consulting in the field of M&A communication by cometis

Wiesbaden, 17.08.2017cometis AG, one of the leading investor relations agencies in Germany, advised the former owners of Vitanas Holding GmbH (Vitanas) and PFLEGEN & WOHNEN HAMBURG GmbH (PFLEGEN & WOHNEN HAMBURG) regarding the sale of a majority of their shares to the Oaktree Group over the last months. The consulting including every strategic and operational aspect of financial and corporate communications as well as spokesmen of the companies were provided by cometis.

Vitanas and PFLEGEN & WOHNEN HAMBURG are one of the biggest private operators of nursing homes in Germany with a combined 8.300 slots for individuals dependent on care. Former owners of Vitanas were the family of Nikolai P. Burkart (Burkart Verwaltungen GmbH). The PFLEGEN & WOHNEN HAMBURG GmbH was equally owned by the Andreas Franke consortium and Vitanas. Both companies developed positively under the former owners. Today, the facilities of PFLEGEN & WOHNEN HAMBURG are equipped with modern technologies, satisfying needs of residents, whilst creating pleasant working conditions for all employees. This was enabled through substantial investments and led to PFLEGEN & WOHNEN HAMBURG’s transformation into the leading operator in terms of quality in the greater Hamburg area. The former shareholders of both companies are confident that residents, their relatives and employees can expect a bright future. Oaktree possesses broad knowledge in the German market due to many investments in various industries and has already gathered experience in the health care industry.