Latest News

Mears acquires Care UK’s home care division

Mears Group has bought Care UK’s home care division (CAH) for £11.3 million, making Mears the second biggest provider of domiciliary care in the UK.CAH employs 6,000 staff and provides community-based care services to over 10,000 people in England, Wales and Scotland, and has contracts with over 90 local authorities and Clinical Commissioning Groups.Prospects for the UK care market over the long term remain very strong given the underlying growth drivers of an ageing population and the need to look after people in their own homes rather than in hospital and residential settings. Domiciliary care will also benefit from greater integration of health and social care.CAH provides an excellent geographic fit with Mears' existing Care business with limited cross-over.CAH has historically held one of the best track records of compliance with regulatory ratings amongst the national providers.David Miles, Chief Executive of Mears, said: “I am delighted to have completed the acquisition of CAH. Our focus will be upon enhancing service delivery thus enabling financial improvements."“This acquisition further strengthens Mears' market leadership and contract profile in care. Given our strong operational platform and differentiated service delivery ethos, together with our ability to turn businesses around, I am confident that we will deliver improvements to CAH's contracts, customers, service users and employees.”

Attachments:

Related Content