Monday, September 26, 2022
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Further extensions granted over CareTech

Further extensions have been granted in relation to offers for CareTech from both Sheikh Holdings and DBAY Advisors Ltd. As reported at the end of...

Aspire LLP sells care home development site to Barchester

Aspire LLP has sold a care home development site in Tenterden, Kent, to Barchester Healthcare. The designer and developer received planning consent for the development...

Saint Cecilia’s grows portfolio with deal for nursing home

Saint Cecilia’s Care Group has agreed terms to take over Oakland nursing home in Whitby, Yorkshire. All existing Oakland staff are being offered posts with...

Shaw healthcare withstands challenges posed by pandemic

Shaw healthcare’s restructure to an employee ownership trust helped the group withstand some of the financial challenges posed by the pandemic, with it reporting...

Tunstall Healthcare grows presence in Finland

Tunstall Healthcare has expanded its presence in Finland with the acquisition of alarm monitoring services provider Oy Verifi Ab. The deal, which follows acquisitions of...

Avery in sale and leaseback deal with Rynda Healthcare

Care home developer and operator Avery Healthcare has sold two of its properties to real estate investment firm Rynda Healthcare. The deal, worth over £28m,...

Spend on agency staff drops ‘significantly’ at MacIntyre Care

MacIntyre Care has cut its agency spend by 46% as it continues to ‘focus relentlessly’ on reducing levels of staff vacancies. The charity said ‘intense...

Norse Care posts rising revenue and EBITDA

Additional revenue from Norfolk County Council and the infection control fund helped Norse Care Ltd report growing revenue and EBITDA. Its latest financial results for...

Farming charity to sell care homes to Agincare and Stow Healthcare

Farming charity Royal Agricultural Benevolent Institution (RABI) is selling its two residential care homes in Suffolk and Somerset. Stow Healthcare, which operates six residential and...

Retirement Villages Group aims to maximise ‘new wave of interest’

The pandemic has provided a catalyst for interest in integrated retirement communities, with new applicants almost doubling at Retirement Villages Group (RVG). It said Covid-19...