Second takeover in a month for Prism as it snaps up Care-ability Healthcare

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Care-ability Healthcare in County Durham is the latest company to have been snapped up by expanding industry manufacturer Prism Medical.

Moving and handling supplier Care-ability manufactures sling products and installs equipment for customers including the NHS and local authorities.

Care-ability directors David and Penny Tilly have now left the company, according to details filed with Companies House.

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Its acquisition follows that of Assured Healthcare Ltd last month, which saw the Scottish lifting and bathing equipment supplier brought into Prism’s fold.

In a statement Prism said: “The acquisition [or Care-ability] increases Prism Medical’s product and service offering along with increasing the UK manufacturing footprint and brings expert knowledge and skills to its customer base particularly in the North East of England.”

Prism Medical operates from eight UK locations, employing around 450 staff delivering a portfolio of 180 products.

At the end of 2018 it was acquired from former owner LDC by Limerston Capital. Prism’s takeover of Assured Healthcare was its first acquisition since its own buyout.

When Limerston bought the company, Prism’s CEO Stuart Meldrum outlined an intention to expand its geographic coverage in the UK.

Image: Care-ability

Tags : care-abilitycare-ability healthcaremoving and handlingprism medicalprism medical uk
Joe Peskett

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