Staffline buys Scottish recruiter Brightwork
AIM-listed Staffline has announced the acquisition of Scottish recruitment business Brightwork for an undisclosed sum.
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Brightwork, which specialises in temporary and permanent jobs in the drinks, warehousing, manufacturing and distribution sectors, has offices in Edinburgh and Glasgow. Staffline said the deal represents an attractive strategic opportunity to increase footprint in this area, strengthening the group's geographic reach across the UK, as well as bringing a blue-chip client base.
Derek May, chief executive of Brightwork, will continue in his role to lead the business.
Staffline CEO Andy Hogarth said: "Staffline is delighted to announce the acquisition of Brightwork. We have been increasing our capability in Scotland in recent years and this acquisition will accelerate the growth of both businesses as it provides scale, as well as greater geographic coverage and value added services. We can offer our clients a greater national service. We very much look forward to working with all the team at Brightwork and to building a great future together."
At 0925 BST, the shares were down 1.1% to 1,189p.