Alzey-Worms district acquires German Red Cross hospital Alzey from insolvency administrator with support from HEUKING
A cross-office HEUKING team led by Frankfurt-based Partners Michael Neises and Christine Grau legally advised the Alzey-Worms district on the acquisition of DRK Krankenhaus Alzey from the insolvency administrator. The purchase agreement was signed on June 12, 2025, and the transaction closed on July 1, 2025.
Insolvency proceedings for the assets of DRK gemeinnützige Krankenhausgesellschaft mbH Rheinland-Pfalz (the hospital company) had been initiated on March 1, 2025. In addition to DRK Krankenhaus Alzey, the company operated several other acute care hospitals. It is part of the corporate group surrounding DRK gemeinnützige Trägergesellschaft Süd West mbH (the holding company), which manages hospitals, medical facilities, and geriatric care institutions. On February 5, 2025, the holding company had filed for insolvency and announced its complete withdrawal from operating hospitals in Rhineland-Palatinate.
After some 35 years under the management of the German Red Cross, DRK Krankenhaus Alzey has been reacquired by the Alzey-Worms district and will now operate under the new name “Kreiskrankenhaus Alzey.” “With the acquisition of the German Red Cross hospital, the district of Alzey-Worms is committed to securing long-term inpatient medical care under municipal responsibility,” said District Administrator Heiko Sippel. The district council unanimously approved the acquisition during its meeting held on June 4, 2025. Under the terms of the agreement with the insolvency administrator, nearly all of the hospital’s approximately 400 employees will be retained. In addition, ownership of the hospital buildings will revert to the district in accordance with the original agreement concluded with the hospital company in 1990.
Counsel to Alzey-Worms district
HEUKING:
Michael Neises (Lead, Corporate / M&A), Frankfurt,
Christine Grau, LL.M. (University of Canterbury) (Lead, Public Sector & Public Procurement), Frankfurt,
Christoph Hexel (Employment), Düsseldorf,
Dr. Frederik Wiemer (Antitrust), Hamburg,
Dr. Frank Baßler (Real Estate & Construction), Stuttgart,
Christian Staps (Restructuring & Insolvency),
Maximilian Dehnert (Public Sector & Public Procurement), both Frankfurt,
Dr. Philip Kempermann, LL.M. (Data Protection), Düsseldorf,
Dr. Stefan Jöster, LL.M. (Insurance), Cologne
