News

TSL Education Limited announces the sale of its holdings in ECCTIS

London:

TSL Education Limited today announces the sale of its 43% holdings in ECCTIS Limited to leading student recruitment, marketing and management company, Hobsons plc.

Formed in 1989, the principal activity of ECCTIS is that of National and International qualifications and accreditation. The company currently has three main sections, these are the UK National Academic Recognition Information Centre (UK NARIC), the UK National Reference Point for Vocational Qualifications (UK NRP) and the National Europass Centre for the UK (UK NEC).

Louise Rogers, Managing Director of TSL Education said, "The sale of TSL Education’s holdings in ECCTIS to Hobsons plc allows us to focus on the school and university sectors. We believe that Hobsons plc is perfectly positioned to provide ECCTIS with the ideal home for continued growth and prosperity."

"Hobsons has been a proud shareholder of ECCTIS since its inception and we are delighted that following the acquisition of shares from TSL and CRAC we are now owners of the business.

"It represents Hobsons ever growing interest in the global HE market, where we have an increasing diverse portfolio of products and services.

"We would like to thank TSL for its significant contribution to the current success of ECCTIS, and wish Louise and her team all the best for the future.” said Chris Letcher, Managing Director of Hobsons UK.

 

For further information please contact:

TSL Education: Louise Rogers, Managing Director, 020 3194 3307

Louise.Rogers@tsleducation.com

Hobsons UK: Chris Letcher, Managing Director, 020 7958 5000

chris.letcher@hobsons.co.uk

For more information on Hobsons plc please visit:

http://www.hobsons.uk.com