BRIEF

on Readcrest Capital AG (isin : DE000A0LE3J1)

Readcrest Capital AG Expands UK Home Care Operations

Readcrest Capital AG is set to expand its UK home care business through strategic acquisitions. On June 9, 2026, the company announced its plans to acquire four smaller businesses. This move is expected to increase its annual EBITDA by over £3 million, enhancing its financial performance.

The expansion aligns with Readcrest Capital's goal of surpassing an annual EBITDA run rate of £15 million for its UK operations. Importantly, the company anticipates maintaining its net debt level below 2.5 times EBITDA, ensuring financial stability.

CEO Rolf Elgeti highlighted the benefit of reallocating capital from the sale of their UK care home business to these lucrative acquisitions. This strategy enables Readcrest to boost EBITDA significantly, reduce debt, and enhance cash flow, paving the way for investment in the German market.

R. P.

Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Readcrest Capital AG news