Advinia Health Care has completed the purchase of 22 homes from Bupa.
The deal, which was announced in November (see Advinia Health Care acquires 22 Bupa care homes), follows the completion of Bupa’s transfer of 110 care homes to HC-One in December (see Bupa transfers 110 care homes to HC-One).
Advinia CEO Len Merton said: “Advinia Health Care is pleased to announce the completion of the purchase of 22 homes from BUPA with 2,700 bedrooms. This acquisition grows Advinia to one of the top 15 providers with 3,300 beds.
“We are very proud to take ownership and work with such a fine group pf people in these care homes. The high levels of staff engagement and commitment to care is in line with our company ethos and our own teams to form the perfect match, and help Advinia to grow into an influential provider focused on delivering the highest quality care for the elderly. “
David Hynam, Chief Executive Officer, Bupa UK, said: “We’re committed to the aged care sector and it continues to be a core part of our UK business. Reshaping our care home business enables us to focus our investment on providing high quality care for our residents, both now and in the future. I’d like to thank all our colleagues for their hard work and the care they deliver around-the-clock to residents in all of our homes.”
Bupa remains one of the UK’s biggest care providers with around 135 homes and seven Richmond Villages, caring for over 6,500 residents.
The provider invested over £110m in refurbishing its existing homes and building new care homes and retirement villages in 2017.
Bupa plans to open four new care home this year, with a new village under construction and more in the pipeline.