AcadeMedia completes platform acquisition in the Netherlands
AcadeMedia has entered into an agreement to acquire all shares in the preschool companies Blokkentrein and Le Garage Kinderopvang. The acquisition is a platform acquisition into the Dutch market and open up for continued international expansion. The acquisition includes two preschools with about 240 children and an annual turnover of just over EUR 2.7 million. The businesses will be included in the Preschool Segment as of 1 April 2022. The Netherlands has a well-developed and appreciated private education sector. The preschool market is fragmented and demand in the larger cities is high