Fresenius AG
Encyclopedia
Fresenius SE & Co. KGaA is a globally diversified health care
company
based in Bad Homburg
, Germany
.
The Fresenius Group provides products and services for dialysis, hospitals as well as inpatient and outpatient medical care. In addition, the company focuses on hospital management as well as on engineering and services for medical centers and other health care facilities.
Fresenius consists of four business segments, Fresenius Medical Care
(a publicly traded company of which Fresenius owns 36%), Fresenius Helios, Fresenius Kabi and Fresenius Vamed. With activities spanning about 100 countries on six continents, its worldwide operations provide jobs for over 137,000 employees.
Fresenius owns the Helios Kliniken with over 60 hospitals and more than 18,500 beds, treating over 2 million patients annually. The hospital operator is one of the biggest providers of inpatient and outpatient care in Germany.
The North American branch of Fresenius Medical Care is headquartered in Waltham, Massachusetts
.
On July 16, 2007, the company completed its conversion from an Aktiengesellschaft
(AG - German public
limited company) to a Societas Europaea
, the European Union
-wide equivalent. The company changed its legal status once again on January 28, 2011, becoming a Kommanditgesellschaft auf Aktien
(KGaA - German partnership limited by shares) with a Societas Europaea
as a partner
with unlimited liability (SE & Co. KGaA).
Health care
Health care is the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans. Health care is delivered by practitioners in medicine, chiropractic, dentistry, nursing, pharmacy, allied health, and other care providers...
company
Corporate law
Corporate law is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another. Corporate law is a part of a broader companies law...
based in Bad Homburg
Bad Homburg
Bad Homburg vor der Höhe is the district town of the Hochtaunuskreis, Hesse, Germany, on the southern slope of the Taunus, bordering among others Frankfurt am Main and Oberursel...
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
.
The Fresenius Group provides products and services for dialysis, hospitals as well as inpatient and outpatient medical care. In addition, the company focuses on hospital management as well as on engineering and services for medical centers and other health care facilities.
Fresenius consists of four business segments, Fresenius Medical Care
Fresenius Medical Care
Fresenius Medical Care is a German company specializing in the production of medical supplies, primarily to facilitate or aid renal dialysis. It is 36%-owned by the health care company Fresenius. The company was formed in 1996 from the merger of Fresenius Worldwide Dialysis, then a division of...
(a publicly traded company of which Fresenius owns 36%), Fresenius Helios, Fresenius Kabi and Fresenius Vamed. With activities spanning about 100 countries on six continents, its worldwide operations provide jobs for over 137,000 employees.
Fresenius owns the Helios Kliniken with over 60 hospitals and more than 18,500 beds, treating over 2 million patients annually. The hospital operator is one of the biggest providers of inpatient and outpatient care in Germany.
The North American branch of Fresenius Medical Care is headquartered in Waltham, Massachusetts
Waltham, Massachusetts
Waltham is a city in Middlesex County, Massachusetts, United States, was an early center for the labor movement, and major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, the city was a prototype for 19th century industrial city planning,...
.
On July 16, 2007, the company completed its conversion from an Aktiengesellschaft
Aktiengesellschaft
Aktiengesellschaft is a German term that refers to a corporation that is limited by shares, i.e. owned by shareholders, and may be traded on a stock market. The term is used in Germany, Austria and Switzerland...
(AG - German public
Public company
This is not the same as a Government-owned corporation.A public company or publicly traded company is a limited liability company that offers its securities for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets...
limited company) to a Societas Europaea
European Company Statute
The Council Regulation on the Statute for a European Company is an EU Regulation containing the rules for a public EU company, called a Societas Europaea, or "SE". An SE can register in any member state of the European Union, and transfer to other member states. , at least 702 registrations have...
, the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
-wide equivalent. The company changed its legal status once again on January 28, 2011, becoming a Kommanditgesellschaft auf Aktien
Kommanditgesellschaft auf Aktien
For the radio station formerly known as KGAA, see KARR Kommanditgesellschaft auf Aktien – abbreviated KGaA – is a German corporate designation standing for 'partnership limited by shares', a form of corporate organization roughly equivalent to a master limited partnership. A...
(KGaA - German partnership limited by shares) with a Societas Europaea
European Company Statute
The Council Regulation on the Statute for a European Company is an EU Regulation containing the rules for a public EU company, called a Societas Europaea, or "SE". An SE can register in any member state of the European Union, and transfer to other member states. , at least 702 registrations have...
as a partner
General partner
General partner is a legal term used to describe a person who joins with at least one other person to form a business. A general partner has responsibility for the actions of the business, can legally bind the business and is personally liable for all the business's debts and obligations.General...
with unlimited liability (SE & Co. KGaA).