Joint venture to build in the northwest
May 15, 2019
Eric Wright Group’s Health and Care division and Glenholme Health Care Group have established a joint venture with the aim of delivering a pipeline of 10-15 new care homes over the next five years. The partnership will focus their development and operating activities in Lancashire, Cumbria, Chester, Greater Manchester and Merseyside.
Earlier this year the two partners worked together to acquire Spiral Health’s existing interest in Bispham Gardens after Spiral Health fell into administration. Situated in the heart of the Flyde Coast, Bispham Gardens is a purpose-designed care home which provides continuing health care, nursing, palliative and dementia care for its 28 residents, with a further 24 beds being built from June this year. Working together, Eric Wright Health and Care and Glenholme succeeded in ensuring the nursing and care provision continued and safeguarded the jobs of the 44 employees, as well as protecting the homes of the residents.
“This is a significant step forward for the group,” said Christine Winstanley, managing director of Eric Wright Health and Care.
“The joint venture creates a vehicle to help us achieve our strategic objective of expanding our activities and assets in the healthcare sector with a robust partner, which has a strong track record of successfully delivering excellent services.”
Glenholme Healthcare chief executive Kent Phippen said Eric Wright Group’s development expertise in the northwest, coupled with Glenholme’s development and operating experience would enable the group to identify areas which lack high quality provision or require a new pathway of care.