Privately owned nursing home group Brindley Healthcare has agreed a deal to buy Ashley Lodge in Kildare.
The acquisition brings to seven the number of HIQA registered residential care centres owned and operated by the company in Donegal, Galway, Mayo and Kildare.
Brindley currently has over 400 nursing home beds.
It aims to increase this number to 1,000 over the next 18 months on the back of a €25m finance facility from Ulster Bank.
"Our acquisition of Ashley Lodge in Kildare is the next step in our ambitious growth plans and we are delighted to have the support of Ulster Bank as we seek to expand further to meet the needs of those in residential care," commented the company's founder and CEO Amanda Torrens.
Brindley Healthcare also today said it has formally appointed a new board, with Noel Daly as Chairman. He was the former CEO An Bord Altranais and is currently Governor of NUI Galway.
Tom Beegan was also named as a Non-Executive Director. He was a former CEO of the Health & Safety Authority and former Deputy CEO of the South Eastern Health Board.
