Empresaria Group snaps up remaining interest in Skillhouse
Empresaria Group is the sole owner of Skillhouse after purchasing the remaining 10 per cent interest in the recruitment company, the staffing specialist said Monday.
Empresaria Group is the sole owner of Skillhouse after purchasing the remaining 10 per cent interest in the recruitment company, the staffing specialist said Monday.
The AIM-quoted group announced it bought the stake for a total consideration of £0.45m in cash.
"In line with group strategy, discussions are ongoing with the senior managers of Skillhouse to implement an equity incentive plan for the next stage of growth," the company said in a statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Skillhouse specialises in the placement of IT professionals on a permanent and temporary basis.
The company generated revenue of £8.1m and profit before tax of £0.6m for the year to December 31st, 2011.
RD
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Going part-time could leave a £58,000 hole in your pension: how to plug the gap
There are many reasons for switching to part-time work, but some savers don’t consider the impact on their pension until it is too late
By Katie Williams Published
-
Three bargain investment trusts to add to your portfolio
These three investment trusts are bargains compared to their net asset value (NAV), but one fund analyst thinks the deep discounts are unwarranted.
By Dan McEvoy Published