Mubasher: Britus Education, GFH Financial Group’s wholly owned education investment platform, has acquired the British International School of Tunis (BIST) to expand the company’s presence in Tunisia.
As part of the transaction, Britus Education will hold 70% of the shares in the school and support the establishment of another BIST branch in Tunis Bay, in which GFH is already the main investor.
The second campus will be built as a state-of-the-art school and will include dormitories for local and foreign students.
The school is inspected by the UK government and is certified by the British Schools Overseas (BSO); a government office responsible for overseeing schools in the UK and abroad; of the Council of British International Schools (COBIS) and Cambridge Assessment International Education.
Acting CEO of Britus Education, Fatema Kamal, commented, “This investment is in line with GFH’s already strong commitment to the Tunisian market and will support the goal of providing world-class facilities, including world-class international schools in Tunis Bay.”
Meanwhile, BIST founder Meriem Milad said, “We want to strengthen and build on these foundations to ensure that the school and our students have all the resources and support they need to reach their full potential.”
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