Acquisition
19 November 2003 - 6:30PM
UK Regulatory
RNS Number:2254S
MSB International PLC
19 November 2003
PRESS RELEASE
19th November 2003
For Immediate Release
MSB acquires IT contract assets from Leading Edge Recruitment Ltd
MSB International PLC ("MSB" or "The Company"), a leading provider of human
capital and recruitment solutions, announces today that it has acquired the IT
contract base of Leading Edge Recruitment Ltd. ("Leading Edge") a Kent based
IT recruitment business, for an initial cash consideration of #225,000 and a
further maximum cash consideration of #275,000. This acquisition strengthens
MSB's IT staffing business adding significant clients, in addition to MSB's
already UK-wide coverage.
Andrew Zielinski, Chief Executive at MSB, said: "This acquisition demonstrates
our commitment to developing and growing our core IT recruitment business,
in-line with declared strategy, as well as continuing to diversify and invest in
a wider range of recruitment services. The addition of Leading Edge's contractor
base strengthens our business and provides us with an excellent platform from
which to further expand. I am delighted with this first acquisition, which
complements our organic growth plans."
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For further information contact:
MSB International Plc
Andrew Zielinski, Chief Executive 0208 315 8000
Jason Stewart, Commercial Director 020 8315 9032
Merlin Financial
Vanessa Maydon / Charles Jack 020 76061244
MSB International PLC
MSB International PLC is a leading provider of human capital and recruitment
solutions. Founded in 1984 as a specialist supplier of IT contract
professionals, MSB has diversified into new markets, including the delivery of
skilled professionals in the areas of telecommunications, finance, sales,
engineering and most recently human resources. They provide a broad portfolio
of flexible recruitment solutions through permanent and contract assignments,
search and selection, managed services, and a variety of innovative value-added
initiatives. Headquartered in Bromley, Kent, MSB also has offices in Central
London, Manchester, Windsor, Glasgow, Dublin and Frankfurt.
This information is provided by RNS
The company news service from the London Stock Exchange
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