Johnnie Johnson Housing (JJH) has joined Sanctuary as a subsidiary following formal completion of the business combination. Astraline joins Sanctuary’s commercial directorate, as part of Sanctuary Supported Living.
The announcement follows a detailed due diligence process and the approval of the Boards of both organisations.
JJH and Astraline will continue as standalone operations while future integration plans are discussed.
Sanctuary’s strong financial position as one of the UK’s leading housing and care providers will provide JJH with the backing required to move its current plans forward and invest in its homes for the benefit of its customers.
Craig Moule, Sanctuary Group Chief Executive, commented: “Our customers are always at the heart of all we do, and I am confident that residents of both Sanctuary and Johnnie Johnson Housing will benefit as a result of this merger. Our strong financial position provides the additional support JJH requires to further increase investments in its properties and ensure that residents continue to receive the service they deserve.
“Through mergers and acquisitions, we unlock financial capacity in smaller organisations to help them deliver more. Together we can reduce overheads and inefficiencies meaning there is more money available to spend on homes and services than if the two organisations had continued to operate separately.”
Kathryn Fox-Rogers, Johnnie Johnson Housing’s Managing Director, said: “This business combination creates a fantastic opportunity for both organisations, so I am delighted it is now completed. By joining Sanctuary, we can invest more in our residents’ homes while continuing to deliver high-quality local services.”
Joe McLoughlin Astraline’s Managing Director said “It’s very much business as usual for the Astraline Team. We are committed to delivering the very highest standard of service, 24/7 to ensure our customers maintain access to help and assistance, whenever they may need it, and this remains our number one priority.”
For more information, please contact the Communications Team by emailing PR@sanctuary-housing.co.uk