Another day, another merger. The Not For Profit is exploring the option to take over ownership and management of Global Care’s two aged care facilities, two retirement villages and community care services in Midland, 17km north east of the Perth CBD, and York, 97km east of Perth.
Global Care was established 29 years ago as the City of Swan Aged Persons Homes Trust, opening its first facility in Midland in 1991 before expanding to York in 2011, while Baptistcare has 11 aged care facilities and 10 retirement villages across Perth and WA.
“Aged care is an evolving and highly complex industry, and we believe the time is right to transition our services to a like-minded specialist sector leader,” Global Care Group’s CEO, Krystal Laurentsch, said.
Baptistcare CEO, Russell Bricknell, also welcomed the agreement. “We are excited about the prospect of being able to take the Baptistcare aged care offering to the Swan and York communities and, if the acquisition proceeds, we will also be welcoming Global Care’s employees and volunteers to our team,” he said.
The proposal will now need to be approved by the Global Care Board, Global Care members, Baptistcare Board and the Department of Health but is hoped to be completed by the end of June this year.