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IN BRIEF: Marlowe buys compliance consultancy HR Solutions

8th Jun 2022 14:45

Marlowe PLC - London-based software & service provider for safety and regulatory compliance - Buys compliance consultancy Business HR Solutions Consultancy Ltd & Business Human Resources Solutions Ltd. Transaction of GBP6.1 million is settled in cash.

Northampton, England-based HR Solutions provides human resources and health & safety consulting to about 750 customers, "helping to keep them compliant with employment law and health & safety regulations," Marlowe explains.

HR Solutions had a revenue of GBP3.1 million in the year ended March 31. HR Solutions will be integrated into Marlowe's Worknest brand.

Current stock price: 925.00 pence, down 2.4% on Wednesday

12-month change: up 18%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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