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Recent articles

  Recession impacts on occupancy rates at Busy Bees
Jun 1, 2010
The economic downturn has impacted on average occupancy rates at Busy Bees with the company reporting a fall of 2.8% to 7,314 full time equivalents
  Ros Marshall joins Kidsunlimited
Apr 1, 2010
  Revenue up 11% at Child Base
Mar 1, 2010
Nursery provider Child Base has reported revenue up 11% to £27.7m
  Revenue up 8.8% at Asquith Nurseries
Feb 1, 2010
Asquith Nurseries, the nursery business now controlled by Iceland’s Kaupthing Bank, has reported revenue up 8.8% to £43.1m
  Receivers finally sell ABC Learning Centres
Jan 4, 2010
ABC Learning, has sold ABC Learning Centres to GoodStart, a not-for-profit company set up by Mission Australia
  Revenue up 7.5% at Kidsunlimited
Dec 1, 2009
Kidsunlimited, the private equity backed nursery group has reported revenue up 7.5% to £33.3m for the year ended 30 April 2009
  Knowledge Universe expands into the UK via purchase of Busy Bees
Sep 1, 2009
Knowledge Universe has completed the acquisition of the Busy Bees nursery group from the receiver of ABC Learning Centres.
  Sales up 18% at nursery provider Child Base
Apr 1, 2009
Independent nursery provider Child Base saw revenues increase 15% to £25.0m for the year ended 31 October 2008
  A$34m government funding for ABC childcare centres
Jan 4, 2009
The turmoil within Australia's childcare sector continues following the collapse of ABC Learning
  Australian government provides A$22m as ABC Learning goes into administration and 400 childcare centres face closure
Dec 1, 2008

ABC Learning, the listed Australian nursery provider, went into voluntary administration last month owing A$1.66bn (£709m) of which A$900m (£384m) is owed to secured creditors, including banks. To keep the company's centres open until Christmas, the Australian government has injected A$22m (£9m) into the business.
 
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