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North East dementia care provider completes sale and acquisition with Santander funding

Pound Sterling, Dementia Care Provider Completes Sale & Acquisition after Funding - SantanderCB

Craig Healthcare group member Cramlington House Limited has acquired West Farm Care Centre Ltd after securing loans totalling £5.75m from Santander. The Northumberland firm announced the purchase as it also revealed it has sold its Kingsbury House care home in Tynemouth as part of a restructuring. Cramlington House employs around 75 full-time staff, and the latest acquisition is seen as a strong platform for further growth.

 

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