Respect continues to expand portfolio

The new year signals ongoing growth for the national provider.

Not-for-profit aged care provider Respect has acquired two homes from charitable organisation Royal Freemasons.

Both located in Victoria – in Moe and Sale in the Gippsland region of the state – the homes are being transferred to Respect following a strategic decision by Royal Freemasons to rescale its operations.

Craig Head

“While we are sad to be saying goodbye to our Moe and Sale communities, we are confident that under Respect’s ownership and management residents will continue to receive expert care and our staff will continue to work in a supportive environment,” said Royal Freemasons’ board chair Craig Head.

Jason Binder – Respect’s managing director and chief executive officer – said the acquisition would secure both homes a long-term future and ensure local families across Moe and Sale have support on hand for generations to come.

“Respect looks forward to welcoming residents, families and staff into a national organisation that has a strong reputation for compassion and a track record in delivering quality service and support to older people.”

Respect also added another regional Victorian home to its portfolio this month – Costa House, a 120-bed facility located in Lara, near Geelong.

Jason Binder

Mr Binder said – whatever the acquisition – the 100-year-old provider’s core values sit front and centre of its expansion plans. “Whether it’s across our aged care homes, retirement living villages, or in the support we provide older Australians through home care, we pride ourselves on our connections – the relationships we foster between staff, residents and clients, and the engagement we build with the wider community.”

He added: “It sits at the very heart of what Respect is about and has been for a century – giving back to older Australians by fostering communities of belonging.”

After the acquisition of Royal Freemasons’ homes in Moe and Sale completes, Respect will have 24 aged care facilities in its business stable. Ownership of the two homes is expected to officially transfer to Respect next month.

Main image: Royal Freemasons Moe

Have we missed a merger or acquisition? Send us the details and an image to editorial@australianageingagenda.com.au

Tags: craig head, jason binder, Moe, respect, royal freemasons, sale,

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