Bulletin

Expansion for care firm

Carehome patient, Craig Healthcare has acquired West Farm Care Centre - SantanderCB

Northumberland-based specialist home care provider Cramlington House, part of the Craig Healthcare group, has acquired West Farm Care Centre and completed a simultaneous refinancing with Santander and a sale of its Kingsbury House care home in Tynemouth. Santander provided loans totalling £5.75m as part of the refinancing package which was used to support the purchase and will bolster the specialist dementia care provider's future growth across the local area. Lucy Craig, managing director of Craig Healthcare, said she was very pleased with the level of support, professionalism and communication offered by bankers at Santander and advisers at commercial law firm Muckle LLP.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander

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