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Cpl Resources plc (CPS:LSE) today announced that it has acquired European Human Resources AB (EHRAB). EHRAB is engaged in providing human resource solutions for companies within the Scandinavian market. But the firm also has operations in Eastern Europe, such as in Hungary, Poland, Romania and Slovakia. It supplies workers to various industries, including to the construction & civil engineering, mechanical & electrical, as well as the food & meat sectors.
Cpl Resources said that the acquisition of EHRAB represents a further step in the firm’s strategy of extending its international footprint but disclosed no metrics of the acquisition.
Anne Heraty CEO of CPL commented, "I would like to welcome the employees of EHRAB to the CPL Group, this partnership allows us deliver on our strategy to replicate our existing business model in new geographies."
Both Cpl Resources and EHRAB were not available for further comment.
Cpl Resources Plc is an Irish employment agency, providing permanent, temporary and contract positions as well as human resources consultancy services to both the private and the public sector. The organisation operates internationally with offices in the UK, the Czech Republic, Slovakia, Poland, Hungary and Spain. It specialises in various sectors, including technology, accounting and finance, sales, engineering, light industrial, healthcare/pharmaceutical, and office administration. The firm has two operational segments, the recruitment of temporary staff and permanent placement of candidates. Cpl Resources has a market capitalisation of €87.05 million.