North East Nurseries Limited has been sold to Kids Planet Day Nurseries for a significant sum.
The acquisition sees the Newcastle company’s five sites – Ashbrooke Day Nursery in Sunderland, Kenton Park Nursery in Gosforth, Southfield Day Nursery in Cramlington, Wallsend Day Nursery and Westerhope Village Nursery – join the Kids Planet family. The deal completed exactly eight years to the day that North East Nurseries former owner Ajeet Chadda and his wife Kanchan acquired their first two nurseries in Westerhope and Gosforth, both in Newcastle, on July 7 2014.
Read more: North East deals of the week - key contracts, acquisitions and investments