Castlebeck, the company that ran Winterbourne View, has been sold to fellow residential care home operator Danshell Group.
Administrators handling the sale said 850 whole-time equivalent posts had been saved as a result.
Castlebeck operated from from 20 sites located in the Midlands, North East and Scotland with a combined occupancy of 180 patients and residents.
The Winterbourne View facility abuse incident led to the immediate closure of that hospital in mid-2011, which was followed by an internal review of Castlebeck’s operations.
Despite efforts to restore confidence in the company, the impact of two further unit closures in 2011 and reducing occupancy levels significantly diluted Castlebeck’s subsequent trading capabilities. It was put into administration in March this year.
Administrator Daniel Smith, from Grant Thornton UK LLP, said: “The completion of the transfer of assets, undertakings and operations to Danshell represents the culmination of several months’ effort, during which period the care and social needs of the patients and residents have remained of paramount importance.
“We would like to thank all the doctors, clinicians, nurses, carers and administrative staff of Castlebeck for their support during this period as without their considerable efforts this outcome would not have been possible,” he said.
Danshell Group operates 16 facilities across the UK, including eight units in the South East of England, two in the East of England and six in Scotland.
Its acquisition of Castlebeck has been granted regulatory approval by the Care Quality Commission in England and Wales, and the Care Inspectorate and Healthcare Improvement Scotland in Scotland.
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