DMC International Acquires Trump & Gates from T&G Edutech
October 13th, 2009 Leave a comment Visited 307 times, 1 so far today
New Delhi, October 12, 09 – DMC International (BSE-DMCINTER), a Delhi based company is now expanding its operations in the emerging education sector by acquiring a premier test preparatory institute, Trump & Gates, from T & G Edutech Ltd for a cash consideration of INR 56.5 million.
Trump & Gates, a premier ISO 9001:2008 certified institute specializing in entrance exams coaching has earned a distinct reputation in the field of education. With more than 10 years of experience, they have been the pioneers in coaching for Actuarial Science, one of the highly paid specialized courses in the contemporary times. In addition, they offer expert guidance in preparing the students for GMAT, CAT, GRE, personality development courses and technical examination such as GATE, PSU and IES.
Mrs. Saroj Gupta Director (Education Division), DMC International Limited said “We intend to build a significant presence in the preparatory institute business as there lie a huge opportunity in this arena of education. This acquisition of T&G is a first step in our journey to be a highly successful education company.”
The vision of DMC International is to revolutionize education, augment employability and to ensure that our institutions live up to their promise of nurturing complete human beings. With a robust infrastructure, erudite faculty, innovative teaching methodology, interactive learning and personalized coaching, the company enables students to accomplish the desired goals.
DMC International has major expansion plans for Trump & Gates and will have a well mapped presence across the country in the next few months by way of acquisitions/Joint Venture/Alliances or Franchisees.
About DMC International Ltd
The company has been a 25 year old Delhi based BSE listed company which has been involved in various business activities pertaining to Real Estate & Infrastructure industry. With aggressive expansion plans, the company has ventured into real estate sector for past two decades. It is now foraying into the most promising education sector through strategic alliances and acquisition.
About Trump & Gates
Trump & Gates (T&G) is a Delhi based 10 years old Institute providing specialized coaching for various entrance exams like MBA (CAT, GMAT etc), GATE, PSU, GRE, IELTS, TOEFL and exams of Actuarial Science. T&G is an ISO 9001:2008 Certified Institute for Quality Management Systems, which ensures sterling quality education to the students. T&G is driven by an erudite team of highly motivated professionals and academicians who have been in the teaching field for the last two decades.
Trump and Gates has state-of-the-art Infrastructure and an experienced dedicated R&D Team for Content Development.
Press Contact:
Mutual PR
Ms. Gitimoni Koch – 9811208362
email:gitimoni {at} mutualpr(.)com
Mr. Prashant K Gupta -9811808261
email prashant {at} mutualpr(.)com
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