Through the newly formed company Parkresort Beteiligungs AG, INVISION will initially be taking over 81% of the share capital from the four largest shareholders and will make all other shareholders a purchase offer under the same conditions.
INVISION is an established equity investment company focusing on SMEs in German-speaking markets. INVISION is headquartered in Zug and manages various investment funds for institutional and private investors. INVISION invests in healthy companies like Parkresort Rheinfelden and pursues a long-term strategy in its capacity as an active shareholder. The aim is to continue the Parkresort Group’s success story together with the existing management and to bring about further expansion projects, both in Rheinfelden and – in the medium term – at other locations as well.
Dr Thomas Kirchhofer will continue to manage the company as CEO and Chairman of the Board of Directors. For him, joining forces with INVISION is the culmination of his 25 years of work building up Parkresort Rheinfelden and is part of his personal succession plan. The six-person board of directors consists of three existing members (Thomas Kirchhofer, Andreas Steinegger and Nadia Tarolli) and three new members (Martin Staub, Marco Martelli and Frank Becker).
As INVISION partner Martin Staub comments: “Parkresort Rheinfelden has been going from strength to strength for years, its high-quality services and attractive offers meeting the growing demand for relaxation, recreation, regeneration and wellness. We are delighted to have the opportunity to take the Group to the next level together with Dr Thomas Kirchhofer and his management team.”
Dr Kirchhofer adds: “INVISION demonstrates an in-depth understanding of our business model and our corporate culture. Together, we will increase the success potential of Parkresort Rheinfelden, benefiting not only the company itself but also the workforce and the region in general. We are very proud of our partnership with INVISION and are looking forward to working together with them in the future.”
The takeover agreements have been signed and the purchase will be put into effect in the days before the Annual General Meeting of Parkresort Rheinfelden Holding AG on 21 June 2016.
ABOUT PARKRESORT RHEINFELDEN
Based in Rheinfelden, the Parkresort Rheinfelden Group employs over 500 people and is active in three areas: With “sole uno”, the company operates a saltwater bath with an expansive bathing and sauna landscape, attracting more than half a million visitors a year. In addition, the Parkresort Group holds a stake in German bathing specialist Carasana Bäderbetriebe GmbH. The second area is the medical competence centre “Salina”, which includes a wide range of inpatient and outpatient rehabilitation and therapy programmes and a Pain and Back Centre. The third area is the “Park-Hotel am Rhein”, a four-star hotel rich in tradition, with 110 rooms as well as residence apartments and its own restaurant.
Further information can be found at www.parkresort.ch
