Announced
Completed
Financials
Sources
Tags
United Kingdom
Private
housing service
Acquisition
Friendly
Single Bidder
homecare provider
Completed
Consumer Services: Other
Majority
Synopsis
Cera Care, a home care provider, completed the acquisition of Mears Care, a housing and social care provider, for £30m. "Our acquisition of Mears Care gives us the opportunity to transform a traditional care service into an innovative care provider, that operates on the frontier of revolutionising social care. This milestone will provide us with much greater national coverage, combined with a strong network and talent-base, that takes our offering to a new level, serving many more users, and empowering many more care workers – making Cera the leader in modern and effective elderly care,” Ben Maruthappu, Cera Care Chief Executive.
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