Mota-Engil has sold its hospital concessions in Portugal to Horizon Equity Partners for 21 million euros, divesting a 50% stake in HL and a 40% stake in HAÇOR as part of a strategic repositioning.

Target Information

Mota-Engil has successfully sold a significant portion of its hospital concessions in Portugal, specifically holding interests in two key entities: HL - Sociedade Gestora do Edifício, SA, which is responsible for the management of the Hospital de Loures, and HAÇOR - Concessionária do Edifício da Hospital da Ilha Terceira, SA, which manages the Hospital da Ilha Terceira. The transactions involve Mota-Engil divesting 50% of its shares in HL and 40% in HAÇOR.

The sale marks a strategic move by Mota-Engil as it seeks to optimize its portfolio and focus on its core business segments. The two hospital concessions are part of a long-term contractual framework, encompassing design, construction, financing, operation, and maintenance, with agreement durations extending up to 2039.

Industry Overview in Portugal

The healthcare sector in Portugal has witnessed significant transformation over the last two decades, emphasizing modernization and the need for efficient management of healthcare facilities. The country operates under