The chain’s acquisition was supported by Clydesdale Bank, which contributed a £270,000 funding package.
Mayhar Mortazavi, founder of Wee Gems and local entrepreneur, said, ‘Croileagan Nursery was a perfect fit for our group, but we were running out of time to conclude the deal. Incredibly, Clydesdale Bank was able to arrange a suitable funding package in just one week, enabling us to secure the nursery’s purchase and the future of its staff.’
The rebranded Wee Gems Croileagan nursery opened at the start of August, after the previous owners retired.
Mr Mortazavi said, ‘After a full refurbishment, including a new climbing frame that the children love, Wee Gems Croileagan has now been fully integrated into the group.’
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