Antal to diversify outside recruitment sector

International professional and managerial recruiter, Antal, has announced advanced plans to diversify outside the recruitment sector.

ìAs the recent sale of our Russian business to the FiveTen Group demonstrates, our strategy is to provide senior managers, who have built up highly successful businesses around the world, with an exit strategy when the time is right,î says Antalís chairman and CEO, Tony Goodwin. ìHowever, that doesnít mean that we are ready to simply abandon key emerging markets like this one and like Poland, Hungary, China and the Middle East, where we have gained a huge amount of local commercial understanding. Thatís why we are now in serious talks with potential partners in Russia across a number of potential areas including the technology, retail and the luxury products sectors.î

ìRussia will, in effect, be the pilot for this new approach, which we would envisage becoming the template for further disposals in the next few years. The long-term goal would be to build an international group with a well-balanced portfolio of activities over the coming decade, rather than just focusing on one area as we have historically.î