Barchester is owned by JP McManus, John Magnier and Dermot Desmond.

Pretax profits at the UK nursing home group owned by three of Ireland’s best known businessmen last year increased by 44 per cent to £54.8 million (€63.18 million).

New consolidated accounts filed by Barchester Healthcare Ltd show that the business recorded the sharp rise in pretax profits as revenues increased by 11 per cent to £966.8 million.

The group is co-owned by three of Irel

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