Linc Cymru chosen as preferred merger partner for Welsh housing and care provider
Following a competitive tender process involving several housing associations, Linc Cymru (Linc) was chosen as the preferred merger partner.
Scott Sanders, CEO Linc said; “We are delighted to be selected as the preferred merger partner for Abbeyfield Wales Society. From the outset we identified strong alignment between the two organisations. We are committed to ensuring that we preserve the AWS identity and heritage and that the two organisations learn from each other’s strengths.”
For residents, keeping the continuity of their services is a top priority and we will work to ensure that any merger does not have any impact upon them.”
Linc and AWS have a similar ethos and there are many natural synergies to the organisations coming together. Linc has a strong track record in delivering services to older people, and the merger will see Linc expand its services to AWS tenants by becoming their landlord. Services for Linc tenants will not be affected by this.
A due diligence process has begun and will include consulting with staff, residents, and shareholders. Successful completion of this process will see Linc officially merge with AWS.