Mimosa Healthcare expands portfolio with five extra homes and more plans for 2002


Posted on February 1st, by editor in Caring Times. No Comments

Mimosa Healthcare Group Ltd has added five homes to its portfolio with the acquisition of two nursing homes in York and the takeover of three homes from Harmony Healthcare. The group now has 15 units totalling 762 beds, mainly in the North and South Yorkshire area. Mimosa managing director Anthony Massouras said the acquisition of the two York homes proved complicated due to the events of September 11. “It is largely due to the professional skills and efforts of GLP that the deal succeeded and was finally completed this month,” he said. “Mimosa is now in a strong position to diversify its interests in healthcare facilities outside the care homes field, although long term care operations remain the company¹s core business. “Mimosa is assessing a number of further acquisitions for 2002 and is working on a major new joint venture initiative with an NHS Trust and an independent hospital group. The group¹s growth and future plans have seen changes at senior management level. Christine Woollin RGN ONC has been pr





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