Specialist technology staffing company Parity Group announced that it has won a managed service contract from clothing retail business Primark. 

Under the contract, Parity Professionals will provide all of Primark’s contract and interim IT staff.

Parity stated that Primark, which operates over 320 stores across Europe and America, has required significant investment in the redevelopment of their IT systems from their offices in the UK and Ireland, necessitating the need for a supplier who can deliver to the increased demands placed on the Primark IT team.

The group also announced that it had secured contract extensions for Parity Consultancy Services, completed post-period end, with the Ministry of Defence in relation to Military Capability Output Costing System, British American Tobacco, and the Education and Skills Funding Agency.

Parity said the Primark contract is expected to provide revenue of between about £20 million to £25 million over three years for its professional services division. Meanwhile, the contract extensions are expected to add £5.3 million to revenue for its consultancy services division.

Parity is expected to publish final results for the full year on 10 April 2018.