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New Care, the care home developer and operator behind two facilities in Stockport, has announced it has been acquired by Staffordshire-based Lovett Care.
Cheshire-based New Care was established 15 years ago, and has a portfolio of 15 facilities comprising 1,057 care beds across the North of England, including the Cheadle Manor and Bramhall Manor care homes in Stockport.
Newcastle-under-Lyme based Lovett Care, which has 16 homes, acquired the care operator for an undisclosed sum to create a combined group of over 2,100 care beds across 31 homes in the North and Midlands of England. The combination will also bring together operational teams with a strong track record of building, filling and operating high-quality future proof care homes.
Lovett Care CEO, Keith Crockett, said:
“We are delighted to welcome the residents and our new colleagues at New Care to the Lovett Care family and are looking forward to working and growing together. This is a key milestone in our long-term strategy and consistent with our commitment to deliver the best quality care in attractive market locations.”
Chris McGoff, CEO at New Care, commented:
“We are delighted that New Care is now in the reliable hands of Lovett Care who share our values, high standards, and above all our care for the residents for whom New Care is home. We are confident the homes will continue to thrive and be a success with Lovett Care.”