Mubasher: Britus Education, the wholly-owned education investment platform of GFH Financial Group, has acquired The British International School of Tunis (BIST) to expand the company's presence in Tunisia.
Under the transaction, Britus Education will hold a 70% stake in the school and support the establishment of another branch of BIST in Tunis Bay, in which GFH is already a major investor.
The second campus is being established as a state-of-the-art school and will include dormitory facilities to accommodate local and overseas students.
The school is inspected by the British Government and is certified by the British Schools Overseas (BSO); a government office in charge of school supervision in the UK and overseas schools; the Council of British International Schools (COBIS), and Cambridge Assessment International Education.
The Acting CEO of Britus Education, Fatema Kamal, commented: "This investment comes in line with GFH’s already strong commitment to the Tunisian market and will support the aim of offering world-class amenities including top ranking international schools at Tunis Bay."
Meanwhile, the Founder of BIST, Meriem Milad, said: "As we move ahead, we look to even further strengthen and build upon these foundations to ensure the School and our students have all the resources and support necessary to fully maximize their potential."