PNA.L Share News (PNA)

Human resources group Penna Consulting has completed the acquisition of Career Café and entered an agreement with the Chartered Institute of Public Finance and Accountancy (CIPFA).The acquisition of Career Cafe, trading as 360 Degrees Advertising and 360 Education, is expected to increase the group's reach and depth of offering in its recruitment division.Penna will also take over CIPFA's recruitment business, which finds public sector jobs for finance professionals.Chief executive Gary Browning said: "These two small bolt on transactions are an excellent strategic fit for the company and should prove beneficial to the company's long term growth plans."The consulting group said last month at the time of its full-year results that a stronger UK economy led clients' expenditure to rise on recruitment and other HR projects during the year, driving revenues and profits significantly higher.No financial details were disclosed.Shares were up 0.3% at 170p on Wednesday at 12:24.