It was announced today that Ulster Bank has agreed a deal worth €4million for the acquisition and expansion of the Sancta Maria Nursing Home in Westmeath.
The nursing home will expand by almost 40%, from 44 to 70 beds; all 26 new bedrooms will be fitted out with en-suite bathrooms. As a result the number of staff will need to grow to 80, creating 30 new jobs in the Westmeath area.
Ulster Bank’s Relationship Manager in Region West, Joe Bergin said, "Sancta Maria Nursing Home is a well-regarded and solidly run facility. Ulster Bank is delighted to support its acquisition and expansion which will facilitate the demand for greater capacity.
" We have €1.9 billion to lend to businesses this year and we’re pleased to be supporting businesses like this with exciting potential, that create jobs and support local communities."
Owner of Sancta Maria Nursing Home, Padraig O’Ceidigh added, "This is a very exciting time for Sancta Maria. It has a track record of being run to a very high standard under the leadership of Brigid Moran and there is further opportunity for upgrading and expansion which will enhance the existing facilities and create additional capacity for the growing requirement in this area of nursing home care.
"I am delighted that we are in a position to move ahead with this expansion, bringing both jobs and additional facilities to Kinnegad."
Source: www.businessworld.ie
