Market Leads & Opportunities
Specialist care firm to create jobs after new ownership takes charge
The new owner of a North Wales care home provider has revealed plans for an expansion which will more than double the number of staff it employs and turn North Wales into a centre of excellence for dementia care.Meddyg Care, which has two specialist dementia homes in Criccieth and Porthmadog, is to create 20 new jobs by adding capacity at an existing site, with the potential for more as it explores new locations in the region following the deal.This will see up to 20 beds added at Criccieth, with vacancies for nurses, dementia care specialists and housekeeping. The company currently employs 18 across its two sites.Managing director Kevin Edwards believes North Wales has the potential to become the go-to location for dementia care provision within the UK, and that creating a new training facility for Meddyg Care will help make this happen.Edwards has been managing director since April 2018 with a 50 per cent shareholding, purchasing the remaining shares as part of the management buyout.The deal follows the retirement of the current owners, Andrew and Marion Paynter.NatWest has provided funding to support this latest development for Meddyg Care.The management were advised by law firm SAS Daniels in Chester and chartered accountants Sage & Co in St Asaph.The previous owners were advised by DTM Legal in Chester.
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