Baker & McKenzie Represents Fresenius Medical Care in Divestiture of Dialysis Clinics
2 April 2012
New York, USA, 2 April 2012 – Baker & McKenzie LLP has advised Fresenius Medical Care AG & Co. KGaA, the world’s largest provider of dialysis products and services, and its subsidiary, Fresenius Medical Care North America, in the divestiture of 54 dialysis clinics to DSI Renal. The clinics were divested following Fresenius Medical Care’s acquisition of Liberty Dialysis Holdings, Inc., pursuant to a consent decree by the United States Federal Trade Commission.
Baker & McKenzie represented Fresenius in the acquisition of Liberty Dialysis Holdings, Inc. and the subsequent divestitures to DSI Renal. The Firm’s team was led by New York corporate Partner Alan F. Zoccolillo and Of Counsel Charles F. Niemeth and Washington, DC antitrust Partners Katherine I. Funk and Brian F. Burke. The team also included New York tax Partner Jonathan Stevens and Associate Lucy Alberto; New York employment Partners Richard Reilly and Pia Flanagan; New York corporate Associates Michele Maney, Brian Powers, Caroline Kirk, Jessie Cardinale and Stephanie Train; New York finance Associate Olumide Owoo; New York antitrust Associate Catherine Koh; and Washington DC antitrust Partner Lee Van Voorhis, Associates John Fedele, Teisha Johnson and Jeremy Cline and Paralegal Kenneth Hunter.
Fresenius Medical Care is the world's largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 2 million individuals worldwide. Through its network of 2,898 dialysis clinics in North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides dialysis treatment to 233,156 patients around the globe. Fresenius Medical Care is also the world's leading provider of dialysis products such as hemodialysis machines, dialyzers and related disposable products.
DSI Renal is a leading provider of dialysis services in the United States, offering state-of-the-art treatment for patients suffering from chronic kidney failure and renal disease. Together with its physician partners, DSI Renal owns and operates 865 dialysis clinics in 23 states. The company plans for growth through acquisition and development of new clinics as well as through establishment of additional joint venture partnerships with leading nephrologists for clinic, hospital and alternate settings. For more information, please visit www.dsi-corp.com