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Ogier advises SEB Group on the acquisition of stake in Canadian school chain Maple Bear Schools


05 March 2020

Cayman Islands

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Ogier has advised SEB Group, a Brazilian privately-owned education group, on the acquisition of a 70% stake in the international operations of the Canadian-run bilingual school chain Maple Bear Schools.

The acquisition was a major step in SEB Group's international expansion, following its initial acquisition of 95% of Maple Bear's South American operations in 2017.

Originally from Canada, Maple Bear operates 458 schools catering for over 40,000 students in more than 20 different countries, including the United States, China, India and Mexico.

The Ogier team advising on the corporate aspects of the deal included Giorgio Subiotto (Partner), Tim Cone (Managing Associate) and Johnatan Maranhao (Foreign Associate). Giorgio commented "We are delighted to have worked with SEB Group and their onshore legal advisers, Pinheiro Neto Advogados, on the acquisition of a significant stake in Maple Bear Schools, which has proven to be a successful partnership and we are excited to follow the progress of their international expansion."

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