16th May 2025 07:00
16 May 2025
Staffline Group plc
("Staffline", the "Company" or the "Group")
Contract Win
Staffline to expand operational footprint with leading food and drink logistics provider
Staffline (AIM: STAF), the recruitment group, is pleased to announce it has secured a significant strategic partnership with one of the UK's leading food and drink supply chain management and logistics providers covering the whole of the UK and Ireland.
This new partnership comprises an initial two-year agreement with a one-year extension option to outsource to Staffline 100% of the agency labour services that are currently supplied by the wholly owned in-house labour supplier. This partnership will see the Group deliver flexible, temporary employment solutions in addition to managing second tier suppliers across the client's chilled and ambient business operations.
The Contract is anticipated to further strengthen Staffline's leading market position in the logistics sector. The mobilisation of c3,000 temporary workers across driving, warehousing and security activities will begin no sooner than the end of Q2 2025 and is expected to continue during Q3 2025.
Albert Ellis, Chief Executive Officer of Staffline commented:
"We are delighted to have secured such an important, value enhancing strategic partnership. This new contract reinforces Staffline's strong reputation as a trusted partner for supplying volume labour to the food and drinks, logistics and FMCG sectors and materially enhances the Board's expectations of Group performance over the life of the contract. Over the coming months the Staffline team will be working with the leadership to manage a smooth transition, creating efficiencies, synergies and opportunities for all parties."
For further information, please contact:
Staffline Group plc www.stafflinegroupplc.co.uk Albert Ellis, Chief Executive Officer Daniel Quint, Chief Financial Officer | via Vigo Consulting |
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Panmure Liberum (Nominated Adviser and Broker) www.panmureliberum.com Nick How / Satbir Kler | 020 3100 2222 |
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Zeus (Joint Broker) https://zeuscapital.co.uk/ David Foreman (Investment Banking) Nick Searle (Sales) | 020 3829 5000 |
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Vigo Consulting (Financial PR) www.vigoconsulting.com Jeremy Garcia / Anna Sutton | 020 7390 0230
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Inside Information:
This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.
About Staffline - Recruitment
Enabling the Future of Work™
Staffline is one of the UK's leading Recruitment groups. It has two divisions:
Recruitment GB
The Recruitment GB business is a leading provider of flexible blue-collar workers, supplying up to c.35,000 staff per day on average from around 400 sites, across a wide range of industries including supermarkets, drinks, driving, food processing, logistics and manufacturing.
Recruitment Ireland
The Recruitment Ireland business is a leading end to end solutions provider operating across multiple industries, ten branch locations and ten onsite customer locations, supplying c.4,500 staff per day on average, and offering RPO, MSP, temporary and permanent solutions across public and private sectors throughout the island of Ireland.
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