Christie Group PLC Sale- Bush Babies Nurseries to Busy Bees Childcare
May 09 2016 - 2:00AM
RNS Non-Regulatory
TIDMCTG
Christie Group PLC
09 May 2016
9 May 2016
Christie Group plc
("Christie Group" or the "Group")
Christie & Co successfully brokers sale of nursery group to
Busy Bees Childcare
Christie Group plc ('Christie' or the 'Group'), the leading
provider of Professional Business Services and Stock &
Inventory Systems & Services to the leisure, retail and care
markets, is pleased to announced that Christie & Co, its
specialist provider of agency and advisory services, has
successfully advised and brokered the sale of Bush Babies
Children's Nurseries Ltd to Busy Bees Childcare, one of the
country's leading childcare operators.
The highly regarded nursery group comprises seven impressive
settings with an effective operating capacity for in excess of 435
children, all located across Leicestershire.
The sale further demonstrates Christie & Co's increasing
presence in the sector. With the largest dedicated team of
childcare business property agents in Europe, it has advised on
nursery assets with a value of GBP733.6m in the last 12 months.
Nick Brown, Associate Director at Christie & Co, commented,
"We were delighted to work with Jane Brailsford at Bush Babies
Children's Nurseries to assist with her plans to sell her renowned
and established nursery group. Following a successful process of
offering this opportunity to a target list of buyers we are
delighted to report that multiple bids were secured just five weeks
after initial marketing commenced. Following this, a deal was
agreed with Busy Bees Childcare."
Jane Brailsford, former Managing Director Bush Babies Children's
Nurseries Ltd added, "It was not an easy decision to sell my
business, as this was a huge personal achievement, but working with
Christie & Co has made the transition easier. Their support and
knowledge in this sector is second to none, and they have been
there every step of the way, from the initial decision to sell, to
the day of the handover.
Enquiries:
Christie Group plc
David Rugg 020 7227 0707
Chief Executive
Dan Prickett 020 7227 0700
Chief Financial Officer
Panmure Gordon (UK) Limited
Dominic Morley / Charles
Leigh-Pemberton
Nominated Adviser and
Broker 020 7886 2906
Notes to Editors:
Christie Group plc, quoted on AIM, is a leading professional
business services group with 46 offices across the UK, Europe and
Canada, catering to its specialist markets in the leisure, retail
and care sectors.
Christie Group operates in two complementary business divisions:
Professional Business Services (PBS) and Stock & Inventory
Systems & Services (SISS). These divisions trade under the
brand names: PBS - Christie + Co, Pinders, Christie Finance and
Christie Insurance: SISS - Orridge, Venners and Vennersys.
Tracing its origins back to 1846, the Group has a long
established reputation for offering essential services to client
companies in agency, valuation services, investment, consultancy,
project management, multi-functional trading systems and online
ticketing services, stock audit and inventory management. The
diversity of these services provides a natural balance to the
Group's core agency business.
For more information, please go to www.christiegroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAUGURWAUPQGQQ
(END) Dow Jones Newswires
May 09, 2016 02:00 ET (06:00 GMT)
Christie (LSE:CTG)
Historical Stock Chart
From Jul 2024 to Aug 2024
Christie (LSE:CTG)
Historical Stock Chart
From Aug 2023 to Aug 2024