New Aquisition5 Jan 2007 10:36
IF
Tony Reeves, Spur Lodge Limited
Press Release For Immediate Release
4 January 2007
Tony Reeves and John Bowmer agree to acquire 62.6% of Berkeley Scott Group plc
Foundation for a new recruitment company portfolio
Tony Reeves and John Bowmer today announce they have agreed to acquire a
controlling stake in one of the UK's leading hospitality and leisure recruitment
groups, Berkeley Scott. The acquisition, by way of a subscription for new
shares, is conditional on the approval of Berkeley Scott's shareholders. The
group has several hundred clients including many well known hotel and restaurant
groups. The total value of the investment is £2.5 million. Tony Reeves and John
Bowmer will become joint Chairmen of Berkeley Scott.
There is more, see yesterdays Press release.