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UK multi-regional recruitment and training company Acorn Group, which is majority-owned by Synergie (SDG:PAR) of France, has acquired Welsh independently-owned staffing agency Draig Personnel.
Founded by husband and wife team Ross and Claire Porter at the end of 1999, Draig Personnel started life in Caerphilly and has grown to a current candidate base of more than 16,000 and a turnover in excess of 3 million Pounds.
Draig specialises in recruitment throughout the South Wales Valleys. Its takeover by the Acorn Group will provide Draig Personnel with the security, strength and experience of a recruitment business that is expected to achieve a 100 million Pounds plus turnover this year.
Draig Personnel Managing Director Ross Porter will remain with the company.
He said "Draig Personnel clients will continue to have the benefit and familiarity of the trusted, local service they have long been used to, but now with even greater support and a wider choice of candidates to choose from."
"For us this is a win-win situation. Like other local recruiters I have looked upon Acorn as not only the premier recruitment business in Wales, but one of the most admired across the UK, and we have seen the way the business has grown throughout the UK, and the reputation they have achieved among employers and jobseekers alike."
Matt Southall, Group Managing Director of Acorn, said "Draig is the perfect complement to the Acorn Group and we look forward to developing the partnerships Ross and his team have with their customers over the coming months and years."
The Acorn Group has 35 branches across Wales, the West Country, Scotland, the North West of England, London and the South East, placing up to 5,000 people into around 850 different client companies each week.
Southall added "having just announced a +36% increase in turnover to 93.5 million Pounds for 2010, the Acorn Group continues to remain on the lookout for takeover opportunities across the UK as part of its ongoing strategy for growth."
In early trading Synergie's shares were down by -0.24% to 21.15 Euro.