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Bridgepoint buys Robinia Care Group

Bridgepoint has bought Robinia Care Group, a chain of nursing homes for patients with learning disabilities.

Bridgepoint will inject £35m in return for a majority holding in Robinia and Bank of Scotland is lending another £15m to fund future acquisitions.

Robinia, based in Bath, has 51 homes in the Midlands and South of England.

References: The Times 09/09/03 page 27

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