Dow Investments Plc, a general investment company whose chief executive is Scottish entrepreneur Robert Kilgour, has acquired Ayrshire care home Malin Court in a deal worth £1.1m.

The 32-bedroom care home with around 50 part and full time staff is currently owned by Malin Housing Association, an elderly care charity which has been chaired by Sir Boyd Tunnock for the last 40 years.

Malin Court, which is situated on a 11-acre site adjacent to Turnberry Golf Course facing across the Firth of Clyde towards Arran, also comprises a small hotel (currently closed) on its first floor – but Kilgour said that there were no plans to reopen this.

The care home will be operated by Renaissance Care, where Kilgour is executive chairman, becoming its 16th care home and the fourth in the West of Scotland – the others being Whitecraigs in Glasgow and Rosepark and Croftbank in Uddingston.

Renaissance Care currently employs some 1,150 full and part-time staff in the 15 care homes it operates throughout Scotland and at its Central Support Office in Musselburgh.