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Celesio in exclusivity to acquire Bupa’s home care division

German firm Celesio, which owns Lloyds Pharmacy, is in exclusive talks to acquire the home care division of Bupa, according to Sky News.

Celesio already owns a domiciliary care firm – Evolution Homecare, which provides clinical homecare services across the UK.

Bupa Home Healthcare provides domiciliary care services, ranging from medication delivery to specialist nursing care, to around 35,500 people.

The division has been a problematic one for Bupa, however; the company wrote £32.8 million off its value in 2013 due to low public sector fees.

KPMG is running the sale process for Bupa.

In addition to its home care division, Bupa is looking for a buyer for its care home division, as was first revealed by HealthInvestor. Knight Frank are running the sale process.

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Posted on: 21/01/2016

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