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Curro moves into Namibia

Noteworthy news on SENS yesterday, Curro To Acquire Windhoek Gymnasium. They will spend R180 million for the school with 1,509 learners at the moment. This is the first move outside of RSA for Curro and falls part of their plans to grow their number of learners from the current 36,000 to 90,000 by 2020. There are a number of regulatory hurdles to jump through with the purchase and given that it is an international purchase there will be a couple more. Based on recent purchases in the Education sector it would seem that they paid a fair price for the school.


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