Competition Tribunal approves Curro Holdings' acquisition of HeronBridge College
04 October 2021Curro Holdings, the JSE-listed independent education provider, is pleased to announce that the Competition Tribunal conditionally approved the group’s acquisition of HeronBridge College in Fourways, Johannesburg.
The school, which celebrates its 20th birthday this year, provides high-quality, independent education to learners from grade 0000 – grade 12 (IEB) and will form part of Curro’s Select schools’ model. This means that the ethos and identity of the school will remain untouched, although learners and parents could over time see some changes in infrastructure to align with future growth strategies.
The acquisition is aligned with Curro Holdings’ intention to expand the group’s geographical footprint and to extend its education offering in accordance with its vision of making independent education accessible to all South Africans.
The acquisition is now unconditional and will be implemented in due course.
Commenting on the approval of the acquisition, Curro Holdings Chief Executive Officer, Andries Greyling, notes, “HeronBridge College’s intentional approach to teaching has ensured extraordinary educational achievements for the school over the years and we are delighted to officially welcome this educational stronghold to our stable.”
For further information, visit www.curro.co.za or heronbridge.co.za.