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 even if the market is relatively mature. AcadeMedia see potential in consolidating the market and can with AcadeMedias’ experience and focus on quality create an attractive group of preschools.

• We see good potential to establish AcadeMedia as an important player in the Dutch preschool sector. We gain, through this acquisition, skilled management that can contribute to the continued expansion. Our intention is to create a preschool group in the Netherlands over the next few years, primarily through acquisitions, says Marcus Strömberg, CEO of AcadeMedia.

AcadeMedia has for some time explored expansion possibilities outside its current markets, and with this platform acquisition the plans are beginning to realise. After the acquisition, the preschool segment will comprise of approximately 290 units in Sweden, Norway, Germany and the Netherlands. Organisationally, the Dutch operation will be part of the German operation.

For more information, please contact:
Kristofer Hammar, Director of business development at AcadeMedia
Telephone: +46 70-105 22 08
E-mail: kristofer.hammar@academedia.se

Hanna Clausén, IR
Telephone: +46 8 794 42 62
E-mail: hanna.clausen@academedia.se

About AcadeMedia
AcadeMedia creates opportunities for people to develop. The 18,100 employees at our 680 preschools, compulsory schools, upper secondary schools and adult education centres share a common focus on quality and development. Our 188,000 children and students are provided with a high-quality education, giving them the best conditions to attain both learning objectives and their full potential as individuals. AcadeMedia is Northern Europe ́s largest education company, with locations/facilities/presence in Sweden, Norway and Germany. Our size gives us the capacity to be a robust, long term partner to the communities we serve. More information about AcadeMedia is available on www.academedia.se.