The creditor assembly of GZO AG, the operator of Spital Wetzikon, is scheduled for 28 October 2026 in Uster, according to a notice published in the Swiss Official Gazette of Commerce. At the meeting GZO plans to present an ordinary settlement agreement (Nachlassvertrag) to its creditors, a key step toward stabilising the financially strained hospital.
Real‑estate firm Infracore has extended its offer for the hospital's property portfolio until 31 October. The proposal includes a cash payment of 55 million Swiss francs and additional financing options. Infracore also pledged to fully fund the completion of the hospital's expansion construction once GZO's core operations are stabilised.
The restructuring plan envisions a possible transfer of the hospital's operating business to the Thurgau hospital group Thurmed, a scenario that GZO has previously favoured. Infracore's financing commitments are contingent on creditor approval of the settlement agreement.
GZO is currently reviewing Infracore's terms, while the creditor vote will determine whether the settlement and associated financing can proceed. Approval would enable the cash injection, support the pending expansion works, and potentially facilitate the takeover by Thurmed, providing a pathway out of the current financial distress.
