Welcome Nurseries, an operator of UK nurseries, is launching in the United Arab Emirates and already has its first three acquisitions at the due diligence stage.
The Dubai-based company, Welcome Nurseries International Investments, stated that it plans to replicate it’s UK formula and acquire individual settings and aims to become the largest group in the UAE.
Linda Cuddy, director and partner, said: “None of the UK groups are active in the Emirates and we see this as an opportunity to bring our acquisition experience and operational expertise to a new territory.”
“The UAE has a fragmented early years sector and British providers are an attractive proposition. We have partnered with an existing British provider who has the local knowledge and a management team on the ground.”
In the UK, Welcome Nurseries has 45 settings which are either fully owned or in the final stages of the transfer of lease, bringing the group to nearly 5,000 places. It is headquartered in Richmond upon Thames, Surrey.
Date published: 20 July 2021