Press Release Sept/Oct 99 - Cutting
Fife businessman Robert Kilgour, who in just 10 years turned a two-person
venture into one of the biggest private health care operators in the
UK has left his Four Seasons firm to concentrate on other business
interests.
Mr Kilgour's departure comes just a month after he played a key role
in a £70.4 million deal which saw Kirkcaldy-based Four Seasons
Health Care in partnership with venture capitalists Alchemy Partners
take over nationwide nursing home group Cresta Care plc.
The 42 year old was expected to take on the role of Group Commercial
Director of the new company, which employs a workforce of almost
6000 and provides 5,300 beds at 100 nursing, residential and specialist
care homes throughout Scotland, England and Northern Ireland.
But he has now decided "corporate life" is not for him and
has agreed an "amicable parting of the ways".
Revealing that he would not be continuing in the healthcare sector,
he said, "I have other Scottish-based business interests which
I would not be able to concentrate on effectively if I have to constantly
travel the country in the role as Group Commercial Director".
"I have thoroughly enjoyed being involved with Four Seasons from
the opening of our first home, Station Court in Kirkcaldy in 1989
to the take over of Cresta Care".
"I would like to thank all the many people who have helped and
supported me along the way, particularly my loyal staff, in what has
for most of the time been an enjoyable, challenging and rewarding
experience."
I wish the new company - the fifth largest of its kind in the UK -
and its staff onward and upward progress under the leadership of Hamilton
Anstead, who joined me as Four Seasons Joint Chief Executive two years
ago".
Launched by Mr Kilgour in Kirkcaldy's former Station Hotel, Four Seasons
steadily expanded and prior to last month's take over deal was within
the top 15 of the UK's providers of long term care of the elderly.
The most significant developments occurred in the last two years after
Mr Kilgour and Mr Anstead, the former Managing Director of Takare
Plc, the UK's biggest provider of long term care for the elderly,
joined forces.
Their combined skills resulted in a multi-million pounds expansion
programme which led to the partnership with Alchemy and the decision
to bid for Cresta Care. |