20th Jul 2018 18:18
LONDON (Alliance News) - Recruitment and training company Staffline Group PLC said Friday it has acquired two subsidiaries of Grafton Recruitment Ireland Holdings Ltd.
The two subsidiaries, Grafton Recruitment Limited (Northern Ireland) and Grafton Recruitment Limited (Republic of Ireland) had a combined turnover in the year to March 31, 2017 of GBP74 million, with pretax profit totalling GBP700,000, and net assets of GBP2.5 million.
"This strategic acquisition of Grafton which will bring an extensive network of connections and resources in both Northern Ireland and the Republic of Ireland to the Staffline group. It will further strengthen our Ireland division, cementing Staffline's position as a leading recruitment business in the Irish market," said Staffline Chief Executive Officer Chris Pullen.
Shares in Staffline closed down 0.9% at 1,080.00 pence on Friday.
Related Shares:
Staffline