The UK’s biggest childcare provider has acquired the 77-centre Calgary-based company, Canada’s only publicly-traded childcare chain.
The sale will continue the expansion of the Busy Bees global brand, which currently includes 60 pre-schools in Asia, offering more than 6,000 places for children in Singapore and Malaysia.
The chain currently operates 331 settings in the UK, including the 61 Treetops Nurseries that it acquired earlier this year. The group has bought more than 200 settings in the last seven years.
BrightPath Early Learning has agreed to an arrangement agreement with Busy Bees for the acquisition of all BrightPath shares for cash consideration of $0.80 per share, Reuter reported.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
