Care group acquires two Barnsley care homes
Wood Care Group has purchased Chapel View and Field View Care Homes in Mapplewell, Barnsley, which occupy the same site providing 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 since they were acquired eight years ago.
Wood Care Group now operates seven homes in the north of England.
Aditya Jain, director of Panaceon Healthcare, said: “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.”
Business property advisor Christie & Co facilitated the sale.
Jonathan Wickens, director, care at Christie & Co, said: “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.