Paddy Jansen: OLYMPION acquisition reflects Globeducate’s commitment to Cyprus

"Our recent acquisition of the School Group OLYMPION in Cyprus marks a significant milestone for Globeducate as we expand our global footprint,” Paddy Jansen , COO of Globeducate says.

Responding to a CBN request to comment on the global education group’s most recent acquisition in Cyprus, Jansen continues, “This strategic move not only strengthens our presence in Europe but also reflects our commitment to developing the education market in Cyprus.”

He goes on to note, “Combined with the development of our PASCAL International Education primary campuses at our Larnaka and Lefkosia locations, along with a brand-new, state-of-the-art campus in Lemesos, we are poised to offer high-quality, innovative education across the country. By combining our expertise with local excellence, we aim to create a transformative impact, empowering students to become global citizens and future leaders who can shape the world."

Globeducate recently announced the acquisition of Educational Group OLYMPION School near Nicosia, a group of Greek private schools with nearly 450 pupils aged 6 to 18 across Gymnasium, Lyceum and, from this month, Elementary stages.

Globeducate - a leading international K12 education group with over 65 premium bilingual and international schools, and online programmes, in 11 countries – had earlier strengthened the group’s presence in Cyprus alongside PASCAL International Education group.

The company earlier this year also received an Invest Cyprus International Investment Award.

Educational Group OLYMPION, established in 2003, meanwhile, is fully recognised by the Cyprus Ministry of Education and Culture, and focuses on private mainstream education, preparing students for the national official secondary school qualification, the Cypriot Apolytirion.

Students there consistently achieve top results in national and international academic competitions including Olympiads in Mathematics, Physics and Biology, and the school has received several Education Leader Awards, including a Gold Award for its facilities and Silver Awards for online education and contributions to arts and culture.

The Educational Group OLYMPION has a pupil population of almost entirely Cypriot nationals and is located in Palaiometocho, with most students coming from Nicosia. A comprehensive educational programme nurtures the intellectual, artistic, and physical development of all students and, since its inception, it has grown to become a recognised exam centre for the University of Cambridge, offering students the opportunity to take international examinations in English and other subjects.

The school has a strong reputation for its innovative educational practices and exceptional facilities, including modern classrooms and laboratories for subjects such as robotics and astronomy; art and design studios with 3D printing technology; and extensive sports facilities including fields and courts for football, basketball, volleyball and futsal.

Co-directors George and Maria Kritikos, along with their son and daughter Andreas and Christina, also own Global College, a higher education institute that will not become part of Globeducate.

The transaction was led by Globeducate’s lead legal advisors, Pittas + Koullouros LLC led by Panayiotis Koullouros, Operational&Educational: AfayaPartners, Real Estate: CBRE, Finance and Tax: Deloitte, and Commercial: Edacto.

Also read: Paddy Jansen: The expansion of our operations will go hand-in-hand with the development of Cyprus

Also read: Globeducate strengthens Cyprus presence by acquiring OLYMPION schools