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UK – Matchtech renews one contract and secures another

15 September 2014

Engineering and professional services recruitment firm Matchtech (MTEC: LSE) announced that it has renewed its Master Vendor agreement to provide contract staff to engineering and environmental consultancy firm, Ricardo, for a further three years.

Matchtech has also been awarded the Neutral Vendor contract to provide permanent staff to Ricardo.

Martin Fausset, Managing Director of Ricardo UK, commented "We have once again selected Matchtech Group based on the outstanding service they have provided us over many years. They have provided access to high calibre candidates across a wide range of engineering sectors and have unrivalled market knowledge. They have also successfully managed our cost base through streamlining our dealings with subcontract staffing agencies. Matchtech Group's interaction at all levels within the Ricardo business has resulted in a trusted partnership that is fully engaged. These qualities are vital in this fast paced industry where new projects require rapid staffing responses."

Adrian Gunn, Chief Executive Officer of Matchtech Group plc, commented: "It is very pleasing to see our longstanding relationship with Ricardo further strengthened. Ricardo is a great company with an excellent employer brand and offer great opportunities for our candidates. They are a pleasure to work with. Our track record of delivering recruitment solutions to Ricardo over many years highlights our expertise and unrivalled reach within the engineering market, ever more crucial given the widely reported engineering skills shortages being experienced in the UK. We look forward to continuing our successful relationship with Ricardo in providing both contract and permanent candidates."

No financial details relating to the contracts were released.