Wood Care Group acquires two ‘Good’ rated Barnsley care homes
Specialist business property adviser, Christie & Co, has announced the sale of Chapel View and Field View Care Homes in Barnsley.
Business. Built around You.
Your expert business property advisers
Chapel View and Field View, which occupy the same site in Mapplewell, Barnsley, provide quality care for 39 and 40 residents respectively. Both homes are rated by the Care Quality Commission as ‘Good in all areas’.
The homes have been operated by Panaceon Healthcare Limited since they were acquired through Christie & Co over eight years ago.
Following a confidential sales process with Jonathan Wickens at Christie & Co, they have been purchased by Wood Care Group which now operates seven homes in the north of England.
Aditya Jain, Director of Panaceon Healthcare Limited, comments, “We are proud of what we have achieved in Barnsley with Chapel and Field View care home. Having bought these homes eight years ago, we have managed to turn both into vibrant and thriving care homes, providing exceptional care. Both homes are now rated ‘Good’ by the CQC with quality staff and stellar reputations. We could not have done any of this without the support from BMBC, our residents, our staff, and our other stakeholders. Both Barnsley and Chapel and Field View care homes will forever be close to our hearts, but we believe that we have found the right buyers in Wood Care Group which already has a presence in the area and Andrew and his team have the passion and ambition to take this business forward. They are deserving custodians of the legacy we have created. We promise all our staff, residents, and contractors a seamless transition and consistency of service.”
Andrew Wood, Director at Wood Care Group, comments, “We are delighted to welcome both Chapel View and Field View Care Homes to our group from Panaceon Healthcare. We look forward to working with the teams to continue to provide outstanding care for our residents.”
Jonathan Wickens, Director – Care at Christie & Co, comments, “It has been a pleasure working with the Directors of Panaceon Healthcare and we wish them well for the future. Wood Care Group is well known to us at Christie & Co, as the group acquired all seven of its homes through us and we feel very confident that they will continue the fantastic service that has been provided by Panaceon.
“The care home market remains very active in the north of England, with multiple bids being received on several of the homes we are currently marketing. Despite uncertainty over interest rates and rising operational costs, there remains a strong resilience across the sector.”
Chapel View and Field View were sold for an undisclosed price.
------------------
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Manager
P: 07540 063 598 or E: phoebe.burrows@christie.com
Contact the agent:
Jonathan Wickens, Director – Care
P: 07764 241 328 or E: jonathan.wickens@christie.com
Visit Christie & Co’s Business Search page to find out more about current care listings.