SEDCO Holding and Andalus Education Company sign strategic partnership agreement

SEDCO Holding and Andalus Education Company sign strategic partnership agreement

- SEDCO Holding to serve as institutional partner and active direct investor in Andalus to support the goals of the Saudi Vision 2030

- Investment in education is a significant contributor to transforming the economy from a single source of income to a knowledge-based economy built on skills

SEDCO Holding has signed a partnership agreement with Andalus Education Company, through which Yusr International School (fully owned by SEDCO Holding) will be integrated into the Andalus Education network. As a result, SEDCO Holding becomes a stakeholder in Andalus Education Company. The agreement was signed on Tuesday, May 23, 2023, in the presence of representatives from both companies.

This partnership is expected to unlock significant benefits for all concerned parties. Andalus Education Company's acquisition of Yusr will add high-quality international school assets valued at over SAR 200 million to the Andalus school network. It increases the school network’s capacity to accommodate 20,000 plus students while raising current student numbers to 15,000.

Meanwhile, Yusr schools will benefit from the additional resources and expertise of an education provider with a track record stretching back to 1984. Andalus Education Company is embarking on a growth trajectory that will unlock new opportunities and benefits for educators, learners and parents. Teachers,