Sale of the nursing home in Stadt Haag

Picture of Edgar Langeder who advised the Seniorenzentrum

October 11, 2022

As of August 1, 2022, all shares in the Seniorenzentrum Stadt Haag were acquired by the owners of the FOQUS Group by way of a share deal.

This generational change secures one of the most renowned private nursing homes in Lower Austria, where, in addition to 80 nursing places and assisted living in 65 residential units, elderly people are professionally looked after and cared for during the day.

In this transaction, the sellers were advised by Edgar Langeder (RPCK | Rastegar Panchal), and the buyers by Nikolaus Bauer (Renner Wildner Bauer).

The deal terms will not be disclosed.

Edgar Langeder (Attorney at Law, Corporate/M&A) of RPCK | Rastegar Panchal commented: “I am overjoyed that with this generational change, the cordial and dignified treatment of elderly people in this privately managed nursing home can be successfully continued. Supporting exactly this kind of sustainable entrepreneurship and its contribution to society is part of our mission at RPCK.

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