Subscribe Login
Pub/Bar/Nightclub

Mercantile Group Owners Agree To €15m Sale Of Dublin Nursing Home

By Dave Simpson

Mercantile pub group owners Michael Breslin and Maurice Regan have agreed to sell their Ardmore Lodge Nursing Home to care home specialist CareChoice for €15 million.

CareChoice, which is chaired by Jimmy Tolan of VHI and owned by French investor fund InfraVia, is seeking to expand through acquisitions and organic growth to become Ireland's largest care home operator.

The deal follows Breslin and Regan's sale of a site in the Dublin suburb of Beaumont to the healthcare arm of Bartra Capital Property Group in December of 2017. Ardmore Lodge is the last nursing home asset of Breslin and Regan, who wish to concentrate on their portfolio of pub interests within the Mercantile Group, a source with knowledge of the pair's plans told The Sunday Business Post.

Get a FREE Digital Subscription!

Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy

The Mercantile Group is said to be spearheading a €30 million capital programme of investment in its bar portfolio, which currently includes Dublin's Nolita, Opium and Café en Seine venues.

Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription
Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription