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© 2024 The Weekly SOURCE
Topic - Acquisitions

Regis expands into TAS with acquisition of Presbyterian Care

1 min read

The ASX-listed operator has bought the Not For Profit’s three aged care facilities – a total of 287 beds – in Hobart and Launceston plus a number of retirement village units and home care services.

Presbyterian Care Tasmania declined to comment on the sale.

Regis is one of our biggest operators with 54 aged care homes across Australia, as well as five retirement villages and four home care services employing over 7,000 staff.

Regis MD and CEO Ross Johnston said that the acquisition was “consistent” with their strategy as they extend their aged care offerings.

In February, Regis took its home care services into rural VIC and Darwin as we reported here.

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