Processing timeline
22
days
Acquirer(s)
OHCA Property Holdings Pty Ltd ABN - 70 675 807 477, DPG Services Pty Ltd ABN - 38 090 007 999
Target(s) or Vendor(s)
The assets and business comprising Sunnymeade Park Aged Care Community
Other parties
None listed
Opal Healthcare (DPG Services Pty Ltd and OHCA Property Holdings Pty Limited) acquired the land, assets, and business of Sunnymeade Park Aged Care Community. The 172-bed aged care home in Caboolture, Queensland, was sold by Jomal Pty Ltd and Margaret Jean Walker, expanding Opal Healthcare's aged care services.
DPG Services Pty Ltd ( DPG ) and OHCA Property Holdings Pty Limited (being related bodies corporate, and together referred to as Opal Healthcare ) propose to acquire the land, assets and business comprising the Sunnymeade Park Aged Care Community ( Sunnymeade Park ) ( Acquisition ). DPG is a registered provider of approved residential care homes, and owns and operates 144 residential aged care homes across New South Wales, Victoria, Queensland, Western Australia and South Australia. Sunnymeade Park is a privately-owned, single approved residential care home with 172 beds, located at 362-376 King Street, Caboolture in Queensland. Sunnymeade Park provides the services required under the Aged Care Act 2024 (Cth) , including 24/7 nursing care, ageing in place, secure dementia areas and palliative care. The sellers are Jomal Pty Ltd and Margaret Jean Walker, the latter also as Executor of the estate of Leslie Kenneth Walker and Margaret Jean Walker, being partners of the Leslie K & Margaret J Walker Partnership. The Acquisition gives rise to a competitive overlap between the parties’ activities in South-East Queensland.