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Work Matters: Management Focus - New lease of life

Management
When two nurseries were looking for reliable new owners they knew who to go to, strengthening a chain. Karen Faux reports.

Two nurseries acquired this year by Children 1st @ Breedon House are already proving a success under new ownership. Its Shepshed nursery in Loughborough was recently judged by Ofsted as outstanding, while Plum Tree in Nottingham was graded good, with outstanding in certain areas.

In both cases Children 1st was approached by the vendors. Managing director Jacqui Mason says, 'The former owners of Plum Tree approached us because they felt we would look after the nursery and take the business forward. Meanwhile, a property company alerted us to the Shepshed site, which had been up for sale for some time. We decided to pay it a visit and immediately recognised its potential.'

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