CPS.L Regulatory News (CPS)

15 Mar 2007 09:44

CPL Resources PLC15 March 2007 CPL Resources PLC Acquisition CPL Resources plc, Ireland's leading employment services group announces theacquisition of Kate Cowhig International Recruitment ltd. Kate Cowhig International Recruitment is a leading healthcare direct placementcompany which has been in operation since 1990. The company specialises in therecruitment of registered nurses, midwives and allied health professionals, formany of the largest teaching hospitals in Ireland and the UK. Located in DublinKate Cowhig International Recruitment also has local agents in India,Philippines, the Middle East and Eastern Europe. CPL wishes to expand and develop its international healthcare business. Thisacquisition forms part of the ongoing development of CPL. Commenting on thepurchase, Anne Heraty, Chief Executive of CPL Resources plc said: "Thisacquisition is an ideal fit with our overall strategy to develop our healthcarebusiness. Kate Cowhig International Recruitment will complement our existing MRSbusiness in Ireland and the UK." She added that by extending the Healthcare business CPL is now even betterpositioned to offer exceptional quality services to our valued clients. In response to the acquisition, Kate Cowhig for Kate Cowhig InternationalRecruitment, who will remain on as Managing Director, welcomed the acquisitionadding that "the company is looking forward to new and exciting times ahead inthis rapidly expanding and changing market. We are ready to take advantage ofgreat opportunities in the UK and Central Europe". 15 March, 2007 This information is provided by RNS The company news service from the London Stock Exchange