Cambridge Education Group announce new company acquisition: CEG Education Technology (Shanghai)
CEG has bought a majority shareholding in a new company in China, CEG Education Technology (Shanghai), which runs two training centres in Shanghai. The remaining shareholding has been taken by the original owners, Sam Huang and Joe Chen, who built up the business under its original name, Kaishi. Sam and Joe, along with their team, have joined CEG to be able to manage and grow their very successful business faster and more effectively.
Michael Ioakimides, Chief Executive Officer of Cambridge Education Group said,
We have been looking at expanding into Transnational Education (TNE), that enables us to make our excellent teaching model available in geographies outside the UK and US, and have worked closely with our investors, Bridgepoint Capital, to identify this excellent first opportunity in China. This is an exciting first step into a model that we hope we will be able to expand within China and also to other geographies in the future.
The two Shanghai centres are based in Minhang, where the curriculum is Arts focused, and in Jinshan, where students follow a UK or US based curriculum. They offer Chinese national students the opportunity to gain an international education, within China, for Grades 10 and 11 before progressing to either CATS (UK or US) or Cambridge School of Visual & Performing Arts (CSVPA), for their final year of high school. In line with CEG’s existing CATS schools, the centres are very modern and well-equipped with excellent boarding facilities that reflect CEG’s premium positioning in the education market.
Issued by Cambridge Education Group (www.cambridgeeducationgroup.com)
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Notes to editors
Cambridge Education Group
Cambridge Education Group (CEG) is a leading global education pathway provider, working with partner universities and its own colleges to help international students progress to prestigious post-secondary academic institutions in the UK, North America and Europe.
Operating under the CATS, Cambridge School of Visual & Performing Arts (CSVPA), ONCAMPUS, Stafford House International and CEG Digital brands, CEG offers high-quality high school, creative arts, English language and university foundation tuition to students from over 110 different countries.
Cambridge Education Group has been helping students achieve their best for over 65 years. Its mission is to promote educational aspiration; develop life and learning skills and open academic pathways for all its students to fulfil their potential and ambition. Its aim is to offer a quality of experience and level of service to each and every one of its students and partners that is unsurpassed in the sector.
For further information: www.CambridgeEducationGroup.com