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Mears acquires ILS, a leading Scottish Care Business

Mears acquires ILS, a leading Scottish Care Business

Mears one of the UKs leading providers of home care and support services is delighted to announce the acquisition of ILS, a leading Scottish care business. The acquisition of ILS for £22.5 million complements Mears existing Scottish care operation and will provide an experience base for Mears to roll out the provision of complex medical support packages across the rest of the U.K.More than 40% of ILS's care is in high acuity services and includes NursePlus Healthcare Services, which provides specialised and personalised community-based nursing care for people with complex medical needs, in their home.This acquisition increases Mears' experience of providing high acuity care for people who want to be cared for at home. ILS who have 1600 employees delivers services across Scotland to around 3400 people including private individuals and 20 Local Authorities from Borders up to Aberdeenshire.David Miles, Mears Group Chief Executive said; "Fundamentally, the acquisition will provide Mears with the platform to provide higher acuity home services across the UK, complementing Mears existing care capabilities and developing the capability to offer longer term continuing healthcare in the home, an area in which Mears does not currently operate. We look forward to welcoming the ILS employees into the Group as we continue to build the range of broader health and social care services for our clients. The acquisition provides Mears with an excellent geographic fit with the Mears existing care business in Scotland with limited branch overlap and will increase our presence in Scotland."Subject to final elements of the process, this acquisition will complete on 24th April.RNS announcement

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