CIBT buys Sprott Shaw to enter China market

December 19, 2007

CIBT Education Group, the Canadian company that runs 17 PSE institutions in China, has now purchased Sprott-Shaw Community College, one of the oldest career colleges in Vancouver.  CIBT plans to export many of Sprott's 140 programs to China, and paid $12 million in cash for the privilege.  CIBT runs "2+2" programs, in which students study in China for 2 years and then complete their education in Britain or Canada.