Health Care 1999 - Company News Summary

Leicestershire & Rutland Healthcare NHS Trust has announced plans for a £9.4m hospital development in Loughborough, creating 100 jobs as well as a day surgery, minor casualty facilities, an X-ray department, and mental health services.
23-Nov-1999

Tamaris has sold its main nursing home assets to Omega Worldwide of the US, following the failure of a rescue plan that would have given Tamaris a £6m equity injection.
02-Nov-1999

Addenbrooke NHS Trust has announced a £340m plan to expand the Cambridge hospital onto green belt land and build an adjoining biomedical campus, with the creation of 5,000 jobs.
30-Sep-1999

Bowey Construction has built a £1.3m care home for the Helen McArdle Care Group in Forest Hall, Tyne & Wear, which will create 50 jobs.
11-Sep-1999

Aortech is to acquire the Yorkshire-based heart valve business of Tissuemed for up to £1m.
02-Sep-1999

SSL International is acquiring Silipos, the US skin products company, for £20m.
24-Aug-1999

WPP has acquired Shire Hall Group, the healthcare communications consultancy with annual turnover of about £4m.
20-Aug-1999

McKesson HBOC, the US-based distributor of health care products, has opened its new European headquarters at the Warwick Technology Park and is planning to create a further 100 jobs.
12-Aug-1999

Smith & Nephew is to acquire Exogen, the US manufacturer of ultrasound devices, for £40m.
27-Jul-1999

Isotron is to acquire Steris, the US medical products sterilisation company, for £71m.
21-Jul-1999

CrestaCare, the nursing homes and healthcare group, is returning to private ownership in a £70m deal backed by venture capitalist Alchemy Partners.
17-Jul-1999

Sinclair Montrose Healthcare is to undergo a £30m management buy-out backed by Mercury Private Equity Investors and NatWest Equity Partners, and is also launching a strategic review of the Medicentre chain of doctors surgeries.
24-Jun-1999

DDA Care Services has announced plans to create 30 jobs in Tyrone in an expansion of its business providing care to elderly and housebound people.
15-Jun-1999

KPMG has sold its Health Systems division, which designs software for hospitals, to a management team for £14m.
10-Jun-1999

Pegasus Airwave is to merge with Egerton Hospital Equipment, in order to create a combined group called Pegasus Egerton that will be a leading player in the patient and bed management market.
07-Jun-1999

Seton Scholl has announced a £1.5bn merger with London International Group to create an enlarged health care products group called SSL International.
25-May-1999

Smith & Nephew is to sell a majority stake in its medical bracing business to Chase Capital Partners for £124m, and the proceeds will be used to expand its core orthopaedic, wound management, and endoscopy businesses.
01-May-1999

Aberdeen Royal Infirmary is planning to double the size of its intensive therapy unit at a cost of £2.5m, creating about 50 nursing jobs.
31-Mar-1999

The University of Aberdeen is planning to recruit an additional 90 staff for its Institute of Medical Sciences, in an attempt to create one of the leading medical research and teaching centres in the world.
29-Mar-1999

Westminster Healthcare, the nursing homes group, has agreed a £214m takeover bid from a new company called Canterbury, which is backed by Goldman Sachs.
23-Mar-1999

St Andrew's Hospital, the Northampton-based charitable trust, is to develop an £8m nursing home for the mentally ill at Benfleet in Essex, with the creation of 150 jobs.
17-Feb-1999

The government is to invest £1.1m in Liverpool's Blood Centre in order to create an international leader in the fight against leukaemia, and 218 more staff will be recruited over the next 12 months.
16-Feb-1999

The Industrial Development Board for Northern Ireland is supporting a plan by CMA International of the US to set up a £2.5m medical devices factory in Belfast, with the creation of 75 jobs.
16-Feb-1999

Cryomedical Instruments is building a £1.2m factory and office complex in Mansfield to make medical equipment for destroying unwanted tissue, and 37 jobs will be created.
11-Feb-1999

Wright Health Group, the Dundee-based dental supply company, has acquired the dental business of London-based Cottrell & Company for undisclosed terms, which will give it the opportunity to expand in the south of England and Wales.
03-Feb-1999

City of York Council has approved plans by Esprit Fort to set up a £3m 60-bed private nursing home at the former Clifton Hospital in York, which will create up to 70 jobs.
20-Jan-1999

Black Country Mental Health Trust is to recruit 30 new nurses to staff up hospitals and residential homes in Rowley Regis and Old Hill.
15-Jan-1999

The NHS is to set up a £10m diabetes centre in Oxford, employing 150 clinicians and researchers, and Novo Nordisk of Denmark is to provide £4m of research funding.
12-Jan-1999