Mergers & Acquisitions
Dialysis provider purchases remaining shares of Renaissance and Optimal
Published in Blood Weekly, February 16th, 2006
Fresenius Medical Care North America (FMCNA), a subsidiary of Fresenius Medical Care, AG, (FME) (FMS, FMS-p), a provider of dialysis products and services, announced the purchase of the remaining 50% equity shares of Renaissance Health Care, Inc., (Renaissance) from the individual nephrologist shareholders across North America, and the purchase of the remaining 19% equity shares of Optimal Renal Care, Inc., from the Kaiser Federation.
Optimal Renal Care has now been merged into Renaissance Health Care, Inc., and the new company will be called Renaissance Health Care, Inc.
Renaissance, according to Fresenius, now becomes the largest provider of...
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Source: Blood Weekly (2006-02-16)
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