Tuesday August 4, 2020

Mercantile pub owners sell nursing home for €15 million

Michael Breslin and Maurice Regan to concentrate on portfolio of pub interests

8th April, 2018
CareChoice is chaired by former VHI boss Jimmy Tolan

The owners of the Mercantile pub group have agreed a €15 million deal to sell their final nursing home asset to CareChoice, the rapidly expanding care home specialist.

CareChoice, chaired by former VHI boss Jimmy Tolan, has bought the Ardmore Lodge Nursing Home, an 89-bed facility in north Dublin, in a deal that closed last Friday.

Michael Breslin and Maurice Regan, who made their fortunes in construction in the US, want to pursue new investments...

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