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Claimar adds Boundary Care to portfolio

Claimar Care Group plc, a provider of domiciliary care services to local authorities in the Midlands and the northwest, has completed its 12th acquisition since it joined AIM 18 months ago.

The group bought Boundary Care, a provider domiciliary care services primarily to Lancashire County Council, for £300,000 in cash

The acquisition of Colne-based Boundary complements Claimar’s operations in Lancashire and strengthens its ties with the local council as well as introducing the group to new business in the region.

The deal follows Claimar’s acquisition last month of Lynks Care as part of its development plan. Other deals in this strategy include buying Acorn Home Care, Jemma Care, Surecare Community Services and BR Care Group.

Claimar’s chief executive, Mark Hales, said this will not be the last of the group’s acquisitions. “There continues to be a strong pipeline of further acquisition opportunities,” he added. “The group is in discussions with a number of possible vendors and we are confident that a number of these will lead to further transactions taking place.”

Boundary, which was established two years ago, employs 37 workers delivering more than 1,000 hours of care each week. In the year to September 2006, its audited accounts show a £176,000 pre-tax-profit from a £646,000 turnover.

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