31.05.2019

New owners: Josefs-Gesellschaft takes over ctw with Luther

Press Release

PDF

Luther advises Cologne-based Josefs-Gesellschaft mbH on the acquisition of Caritas Trägergesellschaft, a well-known provider of hospitals and care facilities in the Greater Cologne-Aachen Region.

Background

31 May 2019

Luther advises Cologne-based Josefs-Gesellschaft mbH on the acquisition of Caritas Trägergesellschaft, a well-known provider of hospitals and care facilities in the Greater Cologne-Aachen Region.

Caritas Trägergesellschaft West gGmbH (ctw), based in Düren, operates five hospitals, two medical care centres and four nursing and rehabilitation facilities in North Rhine-Westphalia. The previous shareholders were the Carolus Foundation and the Gesellschaft für Anstaltskredit mbH. Now the Josefs-Gesellschaft (majority) and the Diözesancaritasverband for the Diocese of Aachen e.V. (minority) take over ctw.

Josefs-Gesellschaft gGmbH is one of the largest Catholic sponsors of a total of 17 health care facilities, including hospitals, retirement homes and facilities for people with disabilities in North Rhine-Westphalia. The non-profit enterprise with 25 subsidiaries employs more than 7,000 people and is a member of the German Caritas Association.

A team from Luther Lawfirm led by partner Dr. Oliver Kairies and counsel Dr. Hendrik Sehy provided legal advice to the Josefs-Gesellschaft and the Diocesan Caritas Association for the Diocese of Aachen on the purchase and carried out the merger control proceedings at the Federal Cartel Office. The parties have agreed not to disclose details of the contract. By integrating ctw into a larger and more efficient network of owners, the experienced Josefs-Gesellschaft can guarantee the preservation of the facilities and jobs and is able to position ctw for the future.

 

For the Josefs-Gesellschaft:

Luther, Corporate / M&A, Regulatory: Dr. Oliver Kairies, Dr. Hendrik Sehy (both lead), Dr. Sebastian Rabe, Frances Wolf, Stefan Tolksdorf, Dr. Karina Wojtowicz.

Luther, Employment: Prof. Dr. Robert von Steinau-Steinrück, Dr. Hilmar Rölz

Luther, Real Estate: Ingo Erberich

Luther, IP/IT: Dr. Michael Rath, Daniel Lehmann

Luther, Merger Control Law: Dr. Helmut Janssen, Tim Börker

Author
Ingo Erberich

Ingo Erberich
Partner
Cologne
ingo.erberich@luther-lawfirm.com
+49 221 9937 25721

Dr Helmut Janssen, LL.M. (King's College London)

Dr Helmut Janssen, LL.M. (King's College London)
Partner
Brussels, Dusseldorf
helmut.janssen@luther-lawfirm.com
+32 2 627 7763 / +49 211 5660 18763 / +49 1520 16 18763

Dr Oliver Kairies

Dr Oliver Kairies
Partner
Hanover
oliver.kairies@luther-lawfirm.com
+49 511 5458 17643

Dr Michael Rath

Dr Michael Rath
Partner
Cologne
michael.rath@luther-lawfirm.com
+49 221 9937 25795

Prof. Dr Robert von Steinau-Steinrück

Prof. Dr Robert von Steinau-Steinrück
Partner
Berlin
robert.steinrueck@luther-lawfirm.com
+49 30 52133 21142

Dr Hendrik Bernd Sehy

Dr Hendrik Bernd Sehy
Counsel
Hanover
hendrik.sehy@luther-lawfirm.com
+49 511 5458 10772

Daniel Lehmann

Daniel Lehmann
Senior Associate
Cologne
daniel.lehmann@luther-lawfirm.com
+49 221 9937 25797

Dr Hilmar Rölz, MLE

Dr Hilmar Rölz, MLE
Senior Associate
Hanover
hilmar.roelz@luther-lawfirm.com
+49 511 5458 14346

Stefan Hubertus Tolksdorf

Stefan Hubertus Tolksdorf
Associate
Hanover
stefan.tolksdorf@luther-lawfirm.com
+49 511 5458 11185

Dr Karina Wojtowicz

Dr Karina Wojtowicz
Associate
Hanover
karina.wojtowicz@luther-lawfirm.com
+49 511 5458 12841