16th Oct 2014 08:24
LONDON (Alliance News) - Mitie Group PLC Thursday said it has struck a deal to buy UK-based pre-employment screening company Procius Ltd from its management team.
Mitie said it will pay up to GBP2.3 million for the business, which will be integrated in its Mitie Total Security Management arm.
Procius provides pre-employment screening and vetting services, focusing on the aviation and transportation sectors, Mitie said.
"I am delighted to welcome the Procius employees to our rapidly growing screening and vetting business," said Mitie Chief Executive Ruby McGregor-Smith.
"This acquisition will significantly enhance the services that we offer to our customers, particularly in the aviation and transport sectors," McGregor-Smith added.
Mitie shares were down 0.7% to 272.70 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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