Network Recruitment Partnership is pleased to announce the Acquisition of Procurement People Recruitment Limited.
The buy-out 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 works within the Engineering & Manufacturing, Supply Chain and Public Sectors. The Acquisition of procurement people it is hoped, will allow clients to benefits from a highly specialist company of recruiters that work solely within the Procurement Industry.
Procurement People will retain its name under the agreement of the deal and will become a company working alongside Network Recruitment Partnership. Network Recruitment as a subsidiary of Network Group Holdings (NGH) welcomes Procurement People in to the Network Group.
Commenting on the acquisition, Tim Watts, Chief Executive Officer of NGH, said
“Further to my comments that I made in the announcement on 5th may, 2011 this is yet another targeted acquisition, operating in a market that compliments the existing NGH operations and has a presence in a sector that NGH has identified as offering exciting opportunities. I am delighted to welcome the management and employees of PPR to NGH and using our platform we will be focussed on supporting the business to grow.”
Ken Wood, Managing Director of Network Recruitment Partnership was the instigator in the acquisition having heard of Procurement People’s search for a suitable buy-out. Of the acquisition Ken said
“I’m relay pleased to have Procurement People on board as it will further enhance network ability to provide clients seeking procurement recruitment solutions with a recruitment service tailored exactly to suit this specialist industry.
This is a very exciting time for Network Recruitment, being the first acquisition for the company. Having come through the recession we are delighted to be able to welcome procurement People in to the Network Family and hope this latest in our plans for expansion is a successful venture for all involved.
Network chose to invest in Procurement people due to similar attitudes to customer service and quality recruitment. Procurement People is already a recognised leader in recruitment for the procurement industry. By joining with Network 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. As part of the larger group (NGH) I believe Procurement People, can now offer even more to our existing customers and grow, with the partnership of Network Recruitment Partnership.