Pictured above: Ken Wood
Network Recruitment Partnership Limited is pleased to announce
the acquisition of Procurement People Recruitment Limited
(PPR).
This comes at a time of expansion for Network and is intended to
compliment the existing recruitment services already
available.
Network Recruitment, based in Birmingham, currently provides
Professional and Technical recruitment solutions to the Engineering
& Manufacturing, Supply Chain and Public Sectors. The
acquisition of Procurement People will allow Network's clients to
benefit from a highly specialist company of recruiters that work
solely within the Procurement sector.
PPR will retain its name under the agreement and become a
subsidiary of Network Recruitment Partnership who in turn is a
subsidiary of Network Group Holdings PLC.
Ken Wood, Managing Director of Network Recruitment Partnership
said:
"I'm really pleased to have Procurement People on board as it
will further enhance Network's ability to provide clients seeking
Procurement recruitment solutions with a service tailored exactly
to suit this specialist sector. This is a very exciting time for
Network, being the first acquisition for the company. Having come
through the recession we are delighted to be able to welcome PPR
into the Network family and look forward to a successful
future".
Network chose to invest in PPR due to similar attitudes to
customer service and quality recruitment. They are both well
established and well recognised as a leader in recruitment within
the Procurement arena. By joining with Network Recruitment
Partnership, it now has the backing to really push in to the
sector.
Tony Goldsby, Director of Procurement People Limited said:
"I'm delighted Procurement People are joining Network
Recruitment Partnership. The acquisition represents an opportunity
for both companies to grow and I look forward to a long and
fruitful partnership with Network."
News of the acquisition was disclosed to the AIM stock market on
Monday 23rd May, 2011 by Network Group Holdings.