Picture caption: Richard Cox
Browne Jacobson has advised Nottinghamshire based Staffline
Group plc on the acquisition of certain assets and commercial
relationships from Milton Keynes based Arnashade Recruitment after
the business went into administration.
Arnashade Recruitment specialises in industrial recruitment
servicing a number of corporate customers in the Hertfordshire and
Bedfordshire area, including Northern Foods, Flamingo Flowers and
Whitworths. With a turnover of approximately £9 million, the
company held around 900 temporary contract workers on its
books.
The deal marks the sixth acquisition by Staffline in the last 12
months which also includes Newcastle based Kelburn Industrial,
Ethos Recruitment and FourstaR Employment & Skills Ltd from the
Midlands.
Staffline Group plc is an AIM listed recruitment organisation
specialising in permanent and temporary recruitment and training
services to the food processing, manufacturing, e-retail and
logistics. Established in 1986, the company has achieved
outstanding growth in the last ten years both organically and
through a series of strategic acquisitions.
Richard Cox, Corporate Partner at law firm Browne Jacobson,
advised Staffline. He commented:
"The acquisition of Arnashade will sit perfectly with
Staffline's existing portfolio and give the businesses further
strength in depth. Staffline's growth shows no signs of abating and
this latest addition will only further enhance their already strong
regional presence."
For more information about Browne Jacobson, please visit their
website here: www.brownejacobson.com