Taaleem Acquires French School in Dubai

In a strategic move to broaden its educational offerings, Taaleem Holdings PJSC has announced the acquisition of Lycée Libanais Francophone Privé Meydan (LLFP Meydan), a leading French curriculum school based in Dubai. This acquisition marks a significant milestone for Taaleem as it seeks to enhance its educational portfolio and reach a more diverse student population.

Established in 2007, Taaleem Holdings has been at the forefront of providing quality education in the UAE, offering a range of curricula including UK, IB, and American. The addition of LLFP Meydan, with its focus on the French curriculum, complements Taaleem's existing network and underscores its commitment to educational excellence.

LLFP Meydan currently enrolls 1,300 students from 26 different nationalities, providing a multicultural environment that aligns with Taaleem's mission to deliver diverse educational experiences. The school's location in the rapidly developing Meydan area of Dubai, alongside its state-of-the-art campus featuring seven green buildings, positions it as a key asset in Taaleem's portfolio.

The acquisition is not only a testament to Taaleem's growth strategy but also an opportunity to integrate cross-curricular insights and expand its reach to new communities. The school was recently rated 'Very Good' with several 'Outstanding' features in its inaugural KHDA inspection, highlighting its academic and pastoral strengths.

Financially, the acquisition is expected to be value-accretive and will be fully integrated into Taaleem's financials in FY2024/25. This move aligns with the company's long-term goals of expanding its educational offerings and increasing its student population.

Given the strategic nature of this acquisition and its potential to enhance Taaleem's market presence, investors might consider holding their position in Taaleem. The company's continued focus on educational excellence and strategic acquisitions could lead to further growth opportunities.