About Fresenius (FRE)

Company Description:

Fresenius SE & Co. KGaA, a healthcare company, provides products and services for dialysis, hospitals, and outpatient medical care. The company operates through various segments, including Fresenius Medical Care, Fresenius Kabi, Fresenius Helios, and Fresenius Vamed.

Founded in 1912, Fresenius has evolved to become a global healthcare group. It is headquartered in Bad Homburg vor der Höhe, Germany.

Main Product(s):

Fresenius is renowned for its dialysis services and products, hospital management, and engineering and services for medical centers and clinics.

Short History of Fresenius SE & Co. KGaA:

1912: Fresenius was founded as a pharmaceutical company.

1946: Entry into the production of sterile solutions, marking the beginning of its transformation into a healthcare company.

1996: Acquired majority interest in HELIOS Kliniken GmbH, expanding into hospital operations.

2005: Acquired Renal Care Group, significantly expanding its dialysis services in the U.S.

2013: Expanded its hospital operations by acquiring 43 hospitals from Rhön-Klinikum AG.

2021: Focused on restructuring to enhance efficiency and accelerate growth.