Ashtons Legal has advised Stow Healthcare on the deal.
Stow Healthcare acquired The Cedars Care Home in Halstead, Essex.
Stow Healthcare, which has increased its capacity to over 330 beds in East Anglia with this purchase, also operates the award-winning Stowlangtoft Hall Nursing Home near Bury St. Edmunds, Ford Place Nursing Home in Thetford, Brandon Park Nursing Home near Brandon, and Melford Court Care Home in Long Melford. This acquisition is the second such deal Stow Healthcare has completed in the region recently, following their purchase of Halstead Hall.
The Cedars is currently registered for 63 residents and offers Stow Healthcare the opportunity to expand its premium care brand in Essex. The Cedars provide long-term, respite and convalescence dementia and nursing care to the elderly and is to be renamed Cedars Place.
The legal team was Geoff Hazlewood (Picture – Corporate and Commercial team), Ron Clare (Commercial Property) and Colin Makin (Employment).
Law Firms: Ashtons Legal;
Clients: Stow Healthcare;