Following a confidential sales process with Christie & Co, Chestnut Court care home in New Milton, Hampshire has been sold to WCN Care Group.
A 24-bedroom residential care home specialising in providing dementia care and registered for up to 25 residents, Chestnut Court has planning permission for an additional four bedrooms. Owned by Beritaz Care for 27 years, it was brought to market as part of a strategic disposal.
Beritaz Care CEO Kumar Gnanakumar said: “A strategic company decision was made to sell Chestnut Court, and we are very pleased to be handing the business over to the safe and competent hands of WCN Care. We are confident that the home, residents and staff will flourish under their ownership, and we wish them all the best with their new business.”
WCN Care Group MD Dr Toby Williams: “Chestnut Court is an ideal acquisition for us in terms of size, location, and ethos, and we look forward to being able to provide excellent care to people in Hampshire, as well as Dorset. As soon as we visited the home there was a connection and we felt there were great synergies with our other two homes. We are delighted and look forward to working closely with the staff and residents' families to enrich the lives of current and future residents.”
Charles Phillips, director – healthcare at Christie & Co, commented: “This is the third home we have sold to WCN Care Group, and it has been a pleasure to assist both Kumar with the sale of the business and Toby with the purchase. We were instructed to carry out a confidential marketing campaign for this business and were very pleased with the high level of interest and multiple offers received. This sale demonstrates the high demand for good quality care homes throughout the South. We wish both Kumar and Toby all the best with their plans.”