OIEG acquires Oxford Int’l College in UK
The addition of OIC to the portfolio will enable OIEG to offer parents and students – both domestically and internationally – a wider choice of options to suit their individual needs, explained Chris Spanoudakis, chairman of Oxford International.
“We aim to export the excellence of our established UK brands to deliver in-country education”
“Our key mission over the past few years has been to acquire schools and colleges that sponsor and promote educational excellence whilst matching our cultural ethos of always putting the student first,” he said.
“OIC is justly renowned for its highly academic and rigorous approach…[and it] allows us to expand the choices we offer and will be a much-valued addition to our family of schools based in the UK and North America.”
Group CEO Lil Bremermann-Richard added that the acquisition is one of a number the group plans to make in the independent sector in the UK.
“At the same time, we are looking at expansion overseas. We aim to export the excellence of our established UK brands to deliver in-country education. OIC, with its superb track record and global reputation, is ideally suited to help us realise that goal,” Bremermann-Richard said.
The transaction allows OIC to access increased support from OIEG’s global marketing and recruitment operations and its planned investment in new facilities and services.
Founder of OIC Mario Peters said he was delighted that the college would be joining the Oxford International family.
“We have been looking for a partner to share our vision and ambition and we have found an excellent one in Oxford International.
“The college has established an enviable global reputation in a relatively short space of time and now my colleagues and I can look forward with confidence to the next stage of our development,” he added.