Infracore Extends Offer for Wetzikon Hospital Properties

Infracore SA has enhanced its offer for the properties of GZO AG and extended its validity until October 31, 2026. The initial offer from July, worth CHF 55 million, remains. The transaction is a sale-and-leaseback, ensuring GZO continues operating Wetzikon Hospital without requiring public funds.

Infracore ensures additional liquidity post-restructuring, providing a financing backstop and a short-term liquidity buffer of up to CHF 10 million. This comprehensive financial package eliminates the need for additional capital from shareholder municipalities.

The transaction can be executed swiftly, contingent only on creditor approval. It allows for collaboration with thurmed, potentially enhancing creditor outcomes and supports the staged completion of an expansion once GZO's core business stabilizes.