Anew Learning acquires Didaktus AB

Bure’s independent school group, Anew Learning, has today acquired Didaktus AB, which operates three high schools and provides adult education in the Stockholm area. Anew Learning’s net sales will increase by around SEK 95 million through the acquisition.

Didaktus (www.didaktus.se) has permits from the Swedish Agency for Education to operate three high schools in Sweden (two in the Municipality of Stockholm and one in the Municipality of Järfälla), and has an additional permit to start a new high school in the Municipality of Nacka in autumn 2008. Didaktus’ high schools have a total of around 1,000 pupils and primarily offer programmes focusing on childcare and other care services.

Didaktus also provides adult education consisting of municipal high school equivalency and vocational programmes with around 400 pupils and contract education on behalf of private and public sector organisations. These activities will remain under the direction of current CEO Katja Elväng and the present group of headmasters.

“Didaktus has a high level of quality in its education and will be a valuable complement to Anew Learning’s current educational focus”, says Fredrik Mattsson, GFC Anew Learning.

“Anew Learning is a logical owner for Didaktus. Over the past few years we have established a stable organisation, and as part of Sweden’s largest group of independent schools we will have better scope for continued good development of both pupils and teachers in the future”, says Björn Wolrath, Chairman of Didaktus.

Anew Learning is the Sweden’s largest independent school group and consists of Vittra, IT-Gymnasiet, Framtidsgymnasiet and Rytmus. The group provides education and care for some 12,500 children and pupils and has 1,250 employees.

Göteborg, 23 April 2008

Bure Equity AB (publ)