Less Ads, More Data, More Tools Register for FREE

Pin to quick picksStaffline Regulatory News (STAF)

Share Price Information for Staffline (STAF)

Share Price is delayed by 15 minutes
Get Live Data
41.00    -0.65 (-1.56%)
Bid:
41.00
Ask:
42.00
Spread: 1.00 (2.439%)
Market Cap: £44.86m
STAF Live PriceLast checked at - London Stock Exchange

Intraday Staffline Share Chart

Acquisition

12 Dec 2012 07:00

RNS Number : 3074T
Staffline Group PLC
12 December 2012
 



For Immediate Release

12 December 2012

 

 

STAFFLINE GROUP PLC

("Staffline" or "the Group")

 

ACQUISITION

Staffline, the national outsourcing organisation providing people and operational expertise to industry, today announces the acquisition of the trade and assets of GB Resourcing (UK) Limited ("GB Resourcing"), a temporary recruitment provider based in Birmingham.

 

GB Resourcing was established in 1999 and offers recruitment services throughout the Midlands.

 

The acquisition fits well with Staffline'sOnsite business adding two new food Onsites and a branch in Birmingham.

 

Today's announcement is in line with Staffline's existing business strategy of targeting selective bolt-on acquisitions operating in relevant fields to both expand their customer base and broaden their revenue mix. The acquisition will be earnings neutral in the first full year of ownership and is being funded from the Groups' existing bank facility.

 

Andy Hogarth, Chief Executive of Staffline commented:

 

"The acquisition of GB Resourcing strengthens the foothold in the Midlands area as well as broadening our expertise to provide high quality staffing services across a variety of sectors.

We look forward to working with GB Resourcing and continue to pursue further bolt-on acquisition opportunities."

 

For further information, please contact:

 

Staffline Group plc

0115 950 0885

Andy Hogarth, Chief Executive

07931 175775

Tim Jackson, Finance Director

07720 458626

www.staffline.co.uk

 

 

Liberum Capital Limited

 

Chris Bowman / Richard Bootle

020 3100 2222

 

 

Buchanan

 

Jeremy Garcia / Gabriella Clinkard

020 7466 5000

 

About Staffline

 

Staffline Group plc is a recruitment organisation specializing in food processing, manufacturing, e-retail, driving and logistics. Staffline provides and manages industrial workforces and uses training and business improvement techniques to ensure increased levels of efficiency to give their clients a significant commercial advantage. Operating from over 200 locations in the UK, Staffline supply up to 30,000 blue collar workers each day. Brands include Staffline Express and Select Appointments, the High Street branch operations, OnSite based on clients' premises, Elpis Training a national training and consultancy organisation, OSP a specialist volume recruitment call centreEos, a Welfare to Work provider.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCTBBBTMBBBTAT
Date   Source Headline
20th Sep 201712:46 pmRNSNOTIFICATION OF MAJOR HOLDINGS
21st Aug 20171:46 pmRNSTR-1: Notification of major holdings
16th Aug 20174:48 pmRNSNotification of major holdings
26th Jul 20177:00 amRNSUnaudited Interim Results
4th Jul 20177:00 amRNSInterim Pre-Close Trading Update
26th Jun 20173:24 pmRNSDirector/PDMR Shareholding
26th Jun 20177:00 amRNSNotice of Results
13th Jun 201710:20 amRNSTR-1 Notification of Major Interest in Shares
23rd May 20173:05 pmRNSTR-1 Notification of Major Interest in Shares
18th May 201712:15 pmRNSResult of AGM
18th May 20177:00 amRNSAGM Trading Update
15th May 20177:00 amRNSAcquisition of Brightwork Limited
9th May 20179:30 amRNSAnnual Report and Accounts 2016 and Notice of AGM
4th Apr 20179:15 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
15th Mar 20177:00 amRNSDirector/PDMR Shareholding
7th Mar 20177:00 amRNSAcquisition of Oak Recruitment
23rd Feb 201712:49 pmRNSCorrection Director/PDMR Shareholding
23rd Feb 201712:05 pmRNSDirector/PDMR Shareholding
2nd Feb 20177:00 amRNSTotal Voting Rights
30th Jan 20177:00 amRNSDirector/PDMR Shareholding
25th Jan 20177:00 amRNSPreliminary Results
4th Jan 20177:00 amRNSTrading Update
31st Oct 20167:00 amRNSNotification to Shareholders
25th Oct 201610:10 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
19th Aug 20167:00 amRNSAppointment of Non-Executive Director
12th Aug 201610:30 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
27th Jul 20164:00 pmRNSDirector/PDMR Shareholding
27th Jul 20164:00 pmRNSDirector/PDMR Shareholding
27th Jul 20167:00 amRNSUNAUDITED INTERIM RESULTS
19th Jul 20167:00 amRNSRe Investor Presentation
5th Jul 20165:06 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
5th Jul 20167:00 amRNSPre Close Trading Update
23rd Jun 201611:00 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
20th Jun 20167:00 amRNSAward of Options
19th May 201611:00 amRNSResult of AGM
19th May 20167:00 amRNSAGM Trading Update
17th May 201610:01 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
5th May 20164:08 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
5th May 201611:51 amRNSAnnual Report and Accounts 2015 and Notice of AGM
18th Apr 20167:00 amRNSDirectorate Change
5th Apr 20169:52 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
5th Apr 20167:00 amRNSBoard Update
27th Jan 20167:00 amRNSPreliminary Results
18th Jan 20167:00 amRNSNotification of Results
6th Jan 20167:00 amRNSTrading Update
30th Nov 201512:19 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
22nd Oct 20153:24 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
19th Oct 20157:00 amRNSAppointment of Berenberg as Joint Broker
13th Oct 20157:00 amRNSAcquisition of Diamond Recruitment Group
29th Sep 20157:00 amRNSAcquisition of Milestone Operations

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.