Care Home is changing ownership now that the founders are retiring

A care home in Powys has changed hands as its founders retire.

Glanenig Care Home in Talgarth is a residential, family-run care home with 33 residents.

It was founded in 1986 by husband and wife team Keith and Marjorie Bowen, who were later joined by their son Ian, who helped run the business. They recently decided to sell to retire.

After a confidential sales process with Oliver McCarthy at Christie & Co, the house was purchased by first-time buyers, Malcolm and Alison Burns.

Keith and Marjorie Bowen, former owners of Glanenig Care Home, said:

“We were proud to establish Glanenig Care Home in 1986 and to grow it into the established business it is today. However, after almost four decades we decided it was time to withdraw from the industry and transfer the company. We are pleased to put Malcolm and Alison in charge of Glanenig Care Home and wish them every success for the future.”

Malcolm and Alison Burns, new owners of Glanenig Care Home, said:

“We are delighted to be the new owners of Glanenig Care Home, which is such an important part of the Talgarth and Powys community. We have already started getting to know the wonderful residents and working with the fantastic team, led by Maureen, Dawn and Claire.

“Our plans are very ambitious and build on what is already there. We start with resident/family consultations to help us shape our plans and create the best possible place for residents to call home. As a team of directors, we bring years of experience in leading businesses in the healthcare sector and beyond, and we can’t wait to get started. We would like to thank the Bowen family for all they have done over the past forty years and look forward to another forty years.”

Oliver McCarthy, Associate Director – Care at Christie & Co, said:

“Keith and Marjorie have created a fantastic business that has become an integral part of the Talgarth community. I am pleased to have found buyers in Malcolm and Alison who, I am sure, will bring new life to the house and lead it to further success.

“The care home market in South Wales remains extremely active, with a significant number of transactions currently taking place and strong demand across the sector.”

Glanenig Care Home was sold for an undisclosed price.