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PiC acquires the mental health division of Care UK

Partnerships in Care has bought Care UK’s mental health services, comprising of 323 beds, for an undisclosed sum.

The move follows hot on the heels of recent acquisitions by PiC of Pastoral Healthcare, a Vista Healthcare hospital and two services from Choice Lifestyle.

Taking on Care UK's mental health assets will expand PiC's mental health rehabilitation services as well as its child and adolescent eating disorder and self-injury provision.

Joy Chamberlain, chief executive of PiC (pictured), said: “I am delighted with the addition of these units to PiC’s portfolio, and our expansion into child and adolescent services. We look forward to bringing PiC’s expertise to providing high quality services for young people and adults with mental health needs, and welcoming new colleagues to the PiC family."

The acquisition is due to complete on 1 June.

Care UK appointed Rothschild earlier this year to run a sale process for its mental health, domiciliary care and learning disabilities divisions, as first reported by HealthInvestor.

In a press release, Care UK said it is still "progressing its strategic review process regarding the potential acquisition of its domiciliary care and learning disabilities services".

Mike Parish, chief executive of Care UK, said: "Care UK has developed market leading positions in health and social care and is well placed to further enhance services to the benefit of its customers, patients and services users. In services where Care UK is not currently the market leader or anticipating significant growth, these excellent organisations will benefit from being part of other specialist providers commited to market leadership in their respective sectors."

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Posted on: 05/05/2015

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