Perth -based Balhousie Care Group has been sold to an international health care firm in a multi-million pound deal.
The purchase by AcalisCare, which has almost two decades of international experience in operating and developing care homes on an international level (in Belgium, Chile, Colombia, Uruguay and Turkey), will further Balhousie’s expansion and capital investment plans with the current management.
The deal with AcalisCare means Balhousie and its 1400 staff now enter an “exciting growth phase”, said former chairman Tony Banks, who founded the local business 30 years ago.