Galileo Global Education acquires Nuova Accademia di Belle Arti (NABA) and Domus Academy
Galileo Global Education has signed an agreement to make the acquisition of Italian and Cypriot schools Laureate Education Inc. official.
The Galileo Group comprises more than 54 educational institutes, including Istituto Marangoni in Italy, with 10 schools in the most important capitals of fashion, design and art such as Milan, Florence, London, Paris, Shanghai, Shenzhen, Mumbai and the latest in Miami.
The agreement seals the entry of Nuova Accademia di Belle Arti Milano (NABA) and Domus Academy, specialized in fashion, design and visual arts courses, into the newly-created GGE Italia. In Cyprus, the Galileo group has also taken over European University Cyprus (EUC), the prestigious university that boasts the oldest medicine faculty on the island.
Further to the acquisition, Galileo Global Education has created Gruppo Galileo Italia, that now becomes the most important Italian Private Education hub in the realm of design, art and fashion. Roberto Riccio has been chosen to lead the company, and after the results he achieved at CEO of the Gruppo Istituto Marangoni – he will also be the CEO of Galileo Italia.
“Galileo Global Education, one of the main players in Private Higher Education, has thus taken a further step towards worldwide leadership” says Roberto Riccio. “In Italy, a learning centre has been created that guarantees high-quality training, in the name of excellence in the spheres of creation, innovation, management, art and culture. Managing the new group is a source of great pride for me and a significant challenge for the future”.
Under the leadership of Galileo Global Education in Italy, NABA, Domus Academy and Istituto Marangoni will maintain their own brand identity and heritage: the campuses and courses will not change and the range on offer can enjoy synergies created by collaboration between the respective academic teams, to ensure high-quality education and the creation of a totally new learning district for the creative sector.