Tauranga-based Kidicorp has agreed to buy a chain of four Auckland pre-schools, further cementing it's place as the largest provider of early childhood education in New Zealand.
Kiwicare has four centres in Avondale, Papatoetoe and Mangere East, and provides pre-school education and after-school care for more than 900 children.
Kidicorp owner Wayne Wright said Kiwicare's philosophy of healthy bodies, educated minds, successful futures mirrors Kidicorp's philosophy.
"Our vision is 'to work in partnership with teachers and parents to enable children to reach their learning potential'. We feel very strongly that the better prepared children are before school the greater chance they have of making the most of school," Mr Wright said.
Kiwicare owner Heather Anderson will work with Kidicorp management to ensure a smooth transition.
Kidicorp has built seven centres throughout the country in the past 12 months, adding licensed places for 570 children.
New centres include two in Flatbush Manukau, Grey Lynn, Panmure, Wellington and two in Invercargill. Another centre in Johnstones Road, Otara, and one in Kaikohe were due to open next month.
In late 2011 Kidicorp acquired 123 ABC branded centres.
Kidicorp now has more than 240 early childhood centres throughout New Zealand and provides education and quality care to more than 18,000 children. The company employs more than 4000 people.