City & Guilds Sold to Secure Its Future
City & Guilds, a 150-year-old technical education organization, is being sold to PeopleCert, a Greek-owned global certification company, in a "landmark" deal.
The commercial and charitable arms of the organization will split, with the sale aiming to unlock "significant investment" for City & Guilds' awarding, assessment, and training businesses.
- The sale is expected to be completed by the end of the month.
- The deal comes amid ongoing reforms to technical education qualifications, apprenticeship assessment, and higher-level training.
FE Week can reveal that the sale will end nearly 150 years of charitable ownership.
Author's summary: City & Guilds sold to secure future amid reforms.