Bupa completes sale of 22 UK care homes

15 February 2018

Bupa has completed the transfer of 22 of its UK care homes to Advinia Health Care.  

Bupa remains one of the biggest UK providers with around 135 homes and seven Richmond Villages, caring for over 6,500 residents. 

Established nearly 20 years ago, Advinia Health Care now operates 38 homes across the UK.

David Hynam, Chief Executive Officer, Bupa UK, said: “We’re committed to the aged care sector and it continues to be a core part of our UK business. Reshaping our care home business enables us to focus our investment on providing high quality care for our residents, both now and in the future. I’d like to thank all our colleagues for their hard work and the care they deliver around-the-clock to residents in all of our homes.”

In 2017 Bupa invested more than £110m in refurbishing existing homes and building new care homes and retirement villages in the UK. There are four new Bupa care homes opening this year, a new village under construction and more in the pipeline.

 

Notes to editor

About Bupa UK

Bupa will have around 135 care homes, as well as seven Richmond Villages with four new care homes opening this year and one further village under construction. 

Our business in the UK also comprises: Bupa UK Insurance, the leading health insurer in the UK with 2.3 million customers; Bupa Dental UK, a major dental provider in the UK operating around 460 practices; Bupa Health Services, health clinics and wellness centres; and Bupa Cromwell Hospital, a complex care hospital in London.

For more information, visit www.bupa.co.uk



About The Bupa Group

Around 70% of Bupa’s revenue is from health insurance, with the rest from healthcare provision. Bupa funds healthcare around the world and runs clinics, dental centres, hospitals in a number of countries. Bupa has care homes and retirement villages in the UK, Australia, Spain and New Zealand.

For more information, visit www.bupa.com



About Advinia Health Care

Advinia Health Care is an experienced nursing and residential care provider. Privately owned, Advinia is undergoing a period of growth and this acquisition expands its portfolio from 16 to 38 homes across the UK with 3,250 beds, with plans to invest and develop further.

Dr Sanjeev Kanoria founded Advinia Health Care with his wife Sangita Kanoria in 1999.  Dr Kanoria is an ex McKinsey consultant who trained as a liver transplant surgeon in London. Dr Kanoria is the Deputy Chairman of Austrian Anadi Bank, a commercial bank in Austria owned by the Kanoria family. The group is part of the Kanoria Foundation which owns Srei Infrastructure Finance Limited, the largest infrastructure finance company in India.

Advinia has won several awards for innovation and quality care including launching culturally sensitive robots to help dementia residents and prides itself on providing “engaging and homely” style homes with a specialism in dementia care.

For more information about Advinia Health Care please contact Len Merton, Chief Executive Officer, on 0208 3717810 or visit www.advinia.co.uk 

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