AEVIS VICTORIA SA

What AEVIS VICTORIA SA does

Aevis Victoria SA is a publicly listed Swiss investment holding company (SIX: AEVS / OTC: AEVIF) headquartered in Fribourg that invests in services to people across healthcare, hospitality, life sciences, and lifestyle. The group's core operating subsidiaries include Swiss Medical Network, a private hospital platform that operates four Swiss hospitals (most recently Spital Zofingen, acquired December 2024); Infracore SA, Switzerland's leading healthcare real estate specialist with a CHF 1.4 billion portfolio spanning 47 properties across 19 locations; and a cluster of adjacent assets — Swiss Hotel Properties (hospitality real estate), MRH Switzerland (healthcare services), Batmaid (homecare/domestic services), and VIVA (lifestyle/wellness). The company generates revenue through hospital and clinical service fees, healthcare real estate rent under sale-and-leaseback structures with hospital tenants, hospitality operations, and lifestyle services, operating in a vertically integrated model that links clinical operations to the real estate that houses them.

The business model combines (i) clinical operating revenue from the Swiss Medical Network hospital chain, (ii) rental income and capital appreciation from the Infracore healthcare real estate portfolio, and (iii) fee/service revenue from hospitality, homecare, and lifestyle subsidiaries. Customer segments span Swiss hospitals seeking alternative financing (B2B real estate segment), inpatients and outpatients served by the hospital network (B2C clinical segment), and consumers of hospitality/homecare/lifestyle services. Geographic focus is exclusively Western Europe (Switzerland).

Aevis Victoria's go-to-market relies on direct subsidiary operations rather than third-party distribution. The group is executing an active M&A strategy — having closed Spital Zofingen in December 2024 and being positioned as the potential buyer of GZO Spital Wetzikon — while also pursuing an independent SIX listing for Infracore targeting approximately CHF 200 million in proceeds. The strategic posture is roll-up-driven consolidation of Swiss private healthcare, paired with real-estate-backed capital structuring.

Name

AEVIS VICTORIA SA

Legal name

AEVIS VICTORIA SA

Website

https://aevis.com

Company type

Public

Founded year

1950

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Aevis Victoria SA is a publicly listed Swiss holding company (SIX: AEVS) that invests in healthcare, hospitality, life sciences and lifestyle, operating four hospitals via Swiss Medical Network and a CHF 1.4 billion healthcare real estate portfolio via Infracore.

Ownership category

akta.pro rank

Product category

Healthcare Services and Hospital Operations

NAICS

General Medical and Surgical Hospitals (6221), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Services-Hospitals (8060), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Private/For-Profit Hospital Systems (HLAFAAAF)

akta.pro secondary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

Keywords

• Healthcare services
• Hospital operations
• Healthcare real estate
• Investment holding
• Hospitality services

Headquarters

HQ city

Fribourg

HQ country

Switzerland

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Core offering

Aevis Victoria SA is a publicly listed Swiss investment holding company that owns and operates a vertically integrated portfolio of healthcare, hospitality, lifestyle, and life sciences businesses. Its core operations are delivered through Swiss Medical Network, a private hospital network of four Swiss hospitals including Spital Zofingen, supported by Infracore, a CHF 1.4 billion healthcare real estate platform spanning 47 properties across 19 locations, along with ancillary lifestyle and homecare brands such as MRH Switzerland, Batmaid, VIVA, and Swiss Hotel Properties.

Product overview

Aevis Victoria SA is a holding and investment company with a portfolio of healthcare and hospitality investments. The company operates through a platform of subsidiary brands and investments including Swiss Medical Network (a private hospital network with four hospitals including newly acquired Spital Zofingen), VIVA, MRH Switzerland, Batmaid, Infracore (healthcare real estate with CHF 1.4 billion portfolio across 47 properties), and Swiss Hotel Properties. The company functions as an investment platform rather than a single unified product, with each subsidiary operating as a distinct business unit in healthcare services, healthcare real estate, and hospitality sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Swiss Medical Network A private hospital network operated by Aevis Victoria providing healthcare services across Switzerland. As of the latest data, it operates four hospitals including the recently acquired Spital Zofingen, serving Swiss patients and collaborating with the public healthcare sector.
• Infracore Switzerland's leading healthcare real estate specialist with a CHF 1.4 billion portfolio spanning 47 properties across 19 locations in Switzerland. Provides sale-and-leaseback financing to Swiss hospitals as an alternative capital source. Infracore is pursuing an IPO on the SIX Swiss Exchange with expected proceeds of approximately CHF 200 million.
• MRH Switzerland Wholly-owned subsidiary of Aevis Victoria providing healthcare services in Switzerland as part of the company's diversified portfolio.
• Batmaid Wholly-owned subsidiary of Aevis Victoria providing domestic homecare and cleaning services in Switzerland.
• VIVA Wholly-owned subsidiary of Aevis Victoria focused on lifestyle and wellness offerings as part of the company's diversified portfolio.
• Swiss Hotel Properties Wholly-owned subsidiary of Aevis Victoria focused on hospital and hospitality real estate, part of the company's diversified real estate portfolio.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• GZO Spital WetzikoncoreStrategic or Co-development Partner · 15 June 2026Aevis Victoria and its subsidiary Swiss Medical Network are the potential buyers for GZO Spital Wetzikon, which has received an extension of its debt restructuring moratorium. The acquisition would expand Swiss Medical Network's hospital portfolio.
• Infracore SAcoreStrategic or Co-development PartnerAevis Victoria holds investment in Infracore SA, Switzerland's leading healthcare real estate specialist with CHF 1.4 billion portfolio spanning 47 properties across 19 locations. Infracore is pursuing IPO on SIX Swiss Exchange.
• Swiss Medical NetworkcoreStrategic or Co-development PartnerSubsidiary of Aevis Victoria operating Swiss hospitals. Part of vertically integrated healthcare platform.
• VIVAminorStrategic or Co-development PartnerInvestment portfolio company of Aevis Victoria.
• MRH SwitzerlandminorStrategic or Co-development PartnerInvestment portfolio company of Aevis Victoria.
• BatmaidminorStrategic or Co-development PartnerInvestment portfolio company of Aevis Victoria.
• Swiss Hotel PropertiesminorStrategic or Co-development PartnerInvestment portfolio company of Aevis Victoria in hospitality sector.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Median Kliniken: German private hospital group focused on rehabilitation and acute care; comparable in being a mid-sized private European hospital operator pursuing multi-site network growth.
• Swiss Medical Network (parent-level comparable: Aevis Victoria itself): Aevis Victoria's own operating subsidiary and the clearest comparable for the core private hospital business; while a subsidiary, it represents the standalone hospital operating peer that competes with other Swiss private hospital groups.
• Medical Properties Trust: Healthcare real estate investment trust focused on hospital and acute care facilities; directly comparable to Aevis's Infracore subsidiary, both operating sale-and-leaseback models for hospital operators.

Broad incumbents

• Ramsay Santé: Largest European private hospital operator (post Capio integration) with a pan-European footprint of acute care and psychiatric facilities; comparable in business model (private hospital network) but with broader geographic diversification than Aevis.
• Asklepios Kliniken: One of Germany's largest private hospital groups, operating a network of acute care facilities; comparable to Swiss Medical Network in private hospital operations, including acquisition of public-sector or distressed hospitals.
• Helios (Fresenius Helios): Operates Europe's largest private hospital network as part of Fresenius; comparable as a large incumbent private hospital operator pursuing cross-border acquisition strategies.
• Welltower: Largest US healthcare REIT with significant hospital and post-acute real estate exposure; comparable to Infracore's healthcare property investment model though at much larger scale and primarily US-focused.
• Healthpeak Properties: Healthcare REIT with outpatient medical office and life science properties; comparable in healthcare-focused commercial real estate investment model, though broader in property types than Infracore.
• HCA Healthcare: Largest for-profit hospital operator in the US; comparable as an established private/for-profit hospital system, though at vastly greater scale and primarily US-focused.

Emerging players

• LifePoint Health: US-based operator of community and regional hospitals, including non-urban and rural facilities; comparable in operating smaller, regional hospital networks often via acquisition of distressed or community assets.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AEVIS VICTORIA SA