A husband and wife team is investing a significant sum, supported by Ulster Bank, to purchase and grow a leading dental business on the north coast.
Ruth and Chris Bloomer, who have a long track-record in the dental sector in Northern Ireland, are purchasing the Boyd and Logue practice which has surgeries in Coleraine and Portrush. Ulster Bank has provided finance to enable the deal.
Boyd and Logue has operated on the north coast for almost 45 years and employs 20 people. The Bloomers were associates with the practice and decided to purchase the business whenever Mr Boyd and Mr Logue retired.
Chris Bloomer says: “With 20 staff, Boyd and Logue is a substantial practice in the area, providing dental services to thousands of patients through two surgeries. Ruth and I are delighted to acquire such an established and well-run operation, and see it as an excellent platform to further grow the business, particularly in Portrush, where our mid-to-long-term plan is to expand the surgery. We are very grateful to Ulster Bank for their support and expertise in helping us make the acquisition.”
Ulster Bank relationship manager, Leona McNicholl, says: “Boyd and Logue was a longstanding Ulster Bank client of more than 40 years, and we were very pleased to finance the purchase of the business by the new owners. It is one of the biggest practices in the Coleraine area, and Ruth and Chris have a vision to further enhance and grow the business into the future.”