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Primary Steps adds to sites please

* Creative Education, the first nursery chain to float on the stock market, has made five further acquisitions. The company has bought three nurseries and a pre-preparatory school in Essex and a day nursery in Bedford. The chain, trading under the name Primary Steps, now has 400 places at 11 sites in London and the south-east.

The company has bought three nurseries and a pre-preparatory school in Essex and a day nursery in Bedford. The chain, trading under the name Primary Steps, now has 400 places at 11 sites in London and the south-east.

Chief executive David Alexander said, 'These acquisitions are a significant step forward for Creative Education in cementing our position as a leading education business in the UK.'

Primary Steps specialises in opening nurseries in residential areas for up to 50 children. Creative Education Corporation plc started trading in April on the Alternative Investment Market, the London Stock Exchange for smaller, growing companies, with shares valued at 5p. Its current share value is about 7.15p.

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