HomeEconomyAfter his commercial posters, are Michel Ohayon's schools in trouble?

After his commercial posters, are Michel Ohayon’s schools in trouble?

The private school in Aix-en-Provence linked to the businessman has closed for “economic reasons”.

After the Camaïeu, Go Sport and Galeries Lafayette trademarks, a private higher education network linked to the Bordeaux businessman Michel Ohayon is also experiencing difficulties, with the closure of a school in Aix-en-Provence. This establishment, which has 130 students, closed its doors in mid-February, a spokesman for Michel Ohayon’s companies learned on Saturday, confirming information from RMC.

“By the end of next week, a solution will be offered to each student: transfer to another school, continuation of distance courses or reimbursement of tuition fees in proportion to what has been paid,” the spokesperson said.

According to him, the closure of this school occurred for “economic reasons”: the works undertaken to renovate the main building weighed on finances at a time when the restrictions linked to Covid-19 led to “less commercialization” of the training offered to students – BTS, bachelor’s and master’s degrees specializing in digital technology and tourism in particular.

500 students in six schools

The Aix-en-Provence school is part of Campus Academy, a non-contract private higher education network launched in 2019 by Michel Ohayon. The businessman recently withdrew from the capital, majority owned today by one of his sons, who runs the company, and wife of Michel Ohayon, according to the latest declaration of the real beneficiaries registered in the registry of the Bordeaux Commercial Court.

According to its website, Campus Academy has six schools in Aix-en-Provence, Angers, Lyon, Nantes, Rennes, and Toulouse. These establishments add up to around 500 students, the Ohayon family spokesman said on Saturday, adding that the one in Nantes had also closed, without detailing the situation of this school. The one from Rennes is also going through “difficulties” but talks are being held with partners to continue with the activity, according to the same source.

Author: LP with AFP
Source: BFM TV

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