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Chain leaps up list in merger

Two of the UK's largest nursery chains are set to merge following a 60m deal. Leapfrog, which was to float on the London Stock Exchange next month, has chosen instead to be bought by Nord Anglia Education. Nord Anglia, which owns 34 nurseries operating under the Princess Christian and Petits Enfants brands, announced last week its acquisition of Leapfrog, which owns 39 nurseries.

Leapfrog, which was to float on the London Stock Exchange next month, has chosen instead to be bought by Nord Anglia Education. Nord Anglia, which owns 34 nurseries operating under the Princess Christian and Petits Enfants brands, announced last week its acquisition of Leapfrog, which owns 39 nurseries.

The move has increased Nord Anglia's provision to 73 day nurseries, making it the second-largest nursery operator in the UK after Asquith Court, which has 117 settings. Leapfrog was the third-largest nursery chain in the UK in the winter 2003 edition of Nursery World's sister publication Nursery Chains, with 4,199 places, while Nord Anglia was eighth with 2,832 places.

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