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Storal Learning nursery group adds three settings

Business Management
Storal Learning nursery group has acquired the Swingboat Nurseries chain.

Storal Learning, which is owned by Varun Chanrai and Ashwin Grover, has bought Midlands-based Swingboat Nurseries, which operates three nurseries and two out-of-school clubs in Leicestershire and Derbyshire.

The deal, funded by HSBC bank, sees Storal Learning increase its number of nurseries to 14, offering more than 1,000 childcare places.

Earlier this year the group acquired Rocking Horse Day Nursery in Greater Manchester in June and Playmates Nurseries, two settings in Cheshire, in March.

Storal Learning’s other nurseries are in Basingstoke, Dorset, Kent, Bristol, Somerset and Weston-Super-Mare.

The nursery group's directors said, 'We are thrilled to have acquired such a high-quality group of nurseries as we expand Storal Learning’s national footprint into the East Midlands.

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