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
41.65    0.00 (0.00%)
Bid:
41.00
Ask:
42.00
Spread: 1.00 (2.439%)
Market Cap: £45.57m
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
19th May 20117:00 amRNSAGM Trading Statement & Update On Board Structure
9th May 20111:07 pmRNSNotification of Major Interests in Shares
3rd May 20114:00 pmRNSIssue of Shares and Total Voting Rights
26th Apr 20117:00 amRNSAcquisition
30th Mar 20117:00 amRNSNotice of Major Interest in Shares
17th Mar 20117:00 amRNSAcquisition
3rd Mar 20117:00 amRNSHoldings in Company
28th Feb 20117:00 amRNSPreliminary Results
5th Jan 20117:00 amRNSChange of Adviser
5th Jan 20117:00 amRNSAcquisition
4th Jan 20117:00 amRNSTrading Statement
30th Nov 20109:46 amRNSTotal Voting Rights
24th Nov 201011:29 amRNSAdditional Listing
15th Nov 20105:57 pmRNSDirector/PDMR Shareholding
9th Nov 20104:37 pmRNSDirector/PDMR Shareholding
9th Nov 20107:00 amRNSAdditional Listing
3rd Nov 20108:35 amRNSDirector/PDMR Shareholding
22nd Oct 20107:00 amRNSTrading Statement
22nd Oct 20107:00 amRNSTrading Statement
30th Sep 20107:00 amRNSTotal Voting Rights
23rd Sep 20108:25 amRNSHolding(s) in Company
6th Sep 20107:00 amRNSJoint Share Ownership Awards
6th Sep 20107:00 amRNSHalf Yearly Report
6th Jul 20107:00 amRNSTrading Statement
18th Jun 20107:00 amRNSTrading Statement
26th May 20108:29 amRNSHolding(s) in Company
26th May 20107:00 amRNSAcquisition
20th May 20102:05 pmRNSResult of AGM
14th May 20109:09 amRNSHolding(s) in Company
29th Apr 20102:00 pmRNSAnnual Report and Accounts
2nd Mar 20107:00 amRNSFinal Results
4th Jan 20107:00 amRNSTrading Statement
23rd Dec 20099:18 amRNSDirector/PDMR Shareholding
2nd Dec 20097:00 amRNSAcquisition
25th Nov 20093:45 pmRNSStatement re GLA announcement
20th Nov 20097:00 amRNSTrading Statement
21st Oct 20097:00 amRNSDirector/PDMR Shareholding
8th Oct 20095:03 pmRNSDirector/PDMR Shareholding
8th Sep 20093:38 pmRNSDividend Declaration
8th Sep 20097:00 amRNSHalf Yearly Report
7th Jul 20097:00 amRNSTrading Statement
21st May 200911:42 amRNSResult of AGM
21st May 20097:00 amRNSAGM Statement
6th May 20099:05 amRNSAnnual Report and Accounts & Date of AGM
5th May 20095:03 pmRNSHolding(s) in Company
1st Apr 20095:15 pmRNSDirector/PDMR Shareholding
3rd Mar 20097:00 amRNSFinal Results
2nd Feb 20097:00 amRNSDirectorate Change
12th Jan 20097:00 amRNSTrading Statement
15th Dec 20087:00 amRNSBoard Change - Appointment of New Finance Director

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.