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Pin to quick picksMitie Share News (MTO)

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152.60    0.50 (0.33%)
Bid:
152.20
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152.50
Spread: 0.30 (0.197%)
Market Cap: £1.90b
MTO Live PriceLast checked at - London Stock Exchange

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MITIE acquires complex care firm

Wed, 15th Jan 2014 09:10
MITIE Group, a strategic outsourcing company, has acquired complex care firm Complete Care. The business provides high acuity care at home to around 150 individuals with on-going complex clinical healthcare needs. MITIE said the firm would complement its existing domiciliary care operations in England and Wales. The business generated revenue of Β£17.9m and earnings before interest, tax and amortisation of Β£1.1m in the year ended March 31st 2013. Ruby McGregor-Smith CBE, MITIE's Chief Executive, said: "I am delighted to welcome all the people of Complete Care to MITIE who bring with them the clinical capability to support individuals living at home with long term, complex conditions. "The acquisition of Complete Care strengthens MITIE's offering in the growing healthcare market."NR

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