Award winning home sold
Cartref Annwyl-Fan, an award winning nursing home in Ammanford, Carmarthenshire, has been sold to Care Inn Limited in an off market transaction.
The purpose built, 67 bed care home is well known for its excellent management team and delivering a high level of care. With very few homes of this scale in the South Wales region, Cartref Annwyl-Fan presented a prime opportunity for an experienced operator to acquire the well regarded care home and expand their portfolio in the region.
The home was previously owned and operated by Hallmark Care Homes. Ram Goyal, director at Hallmark Care Homes comments: “We have enjoyed operating Cartref and the care home has been a key part of our Welsh portfolio. We are sure that Care Inn will continue to build on the home’s successes and wish Sanjiv Joshi and his team all the very best.”
The acquisition of Cartref Annwyl-Fan by Care Inn takes the regional operator’s portfolio to 14 care homes across South Wales, spanning from Brynmawr to Haverford West.
Sanjiv Joshi, director of Care Inn, says: “We are very pleased to acquire Cartref Annwyl-Fan from Hallmark. The home has been serving the community well and we look forward to working with the staff, residents and their families to continue the high quality of care that has been provided there for so long.”
Rob Kinsman, regional director at Christie & Co who handled the sale, says: “We have been able to conclude this transaction on an off-market basis to minimise disruption to the business and are delighted to be part of Care Inn’s expansion.
"We have a number of high-profile projects in South Wales at the moment and it is pleasing to see that, despite wider economic challenges, many operators have a keen appetite to expand their portfolios, illustrating the underlying demand for care homes in South Wales.”