Acquisition
July 09 2007 - 9:19AM
UK Regulatory
RNS Number:9067Z
CPL Resources PLC
09 July 2007
CPL RESOURCES PLC
Acquisition
CPL Resources plc, Ireland's leading employment services group, today (8 July,
2007) announced that they have acquired the assets of the Richmond Recruitment
Group.
The Richmond Recruitment Group was established in 1990 and now has offices in
Dublin, Limerick, Cork and Galway offering permanent and temporary recruitment
services to a broad range of clients. Richmond management team led by Graham
Burns will continue to oversee the further growth and development of the
business.
Anne Heraty, Chief Executive of CPL Resources plc said:
"CPL believes that there is a significant opportunity to expand our presence
throughout Ireland. CPL has a very professional and robust infrastructure and
will apply our systems and processes to the Richmond Businesses. We will use our
established infrastructure to enable the local offices to offer a broad range of
services to local employers. We believe that adding the Richmond business to the
CPL network will have a strategic benefit for the Group. This acquisition is an
ideal fit with our overall strategy for growth and diversification. It will
integrate well with our existing business in Dublin and through the regional
offices."
Contact details:
Anne Heraty, Chief Executive
Josephine Tierney, Finance Director
CPL Resources plc
Tel: +353 1 6146000
9 July, 2007
This information is provided by RNS
The company news service from the London Stock Exchange
END
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