Leading employment solutions provider Grafton Recruitment has announced details of a major acquisition that will significantly extend its cross-border offering. The Belfast headquartered company has acquired leading Dublin recruitment agency Mary B Cremin Recruitment (ëMBCí) in a multi-million euro deal. The acquisition creates expands the Grafton all-island network to 29 offices.
MBC, an Irish owned company, is one of the Republic of Irelandís best known and most respected recruitment companies. In a recent independent survey of the Dublin recruitment industry conducted by Rubicon / IDS Survey, MBC held the number one position for awareness with employers and candidates.
Announcing the deal, Grafton Recruitmentís co-founder and Chairman James Kilbane commented, ìWe are delighted to welcome this new partnership with one of Irelandís most respected recruitment companies. While we have been engaged in an aggressive overseas development strategy over the last 24 months, Ireland north and south represents our core business. We remain committed to further growing that business.î
Grafton Managing Director for Ireland ine Maria Mizzoni commented, ìSince its foundation in 1981, MBC has grown to become a leading supplier of support and administration staff in virtually every sector of the Irish economy. This position of strength makes it an excellent addition to the Grafton portfolio as we seek to strengthen our position as the leading all-island employment solution company.î
Also welcoming the deal, MBC founder and director Mary B Cremin commented, ìThis development is excellent news for the entire MBC team. . MBC has grown to become a leading supplier of professional, support and administration staff in virtually every sector of the Irish economy. We want to bring the MBC brand and offering to a wider market and we realised that to do this we needed a partner with an all-island network. Grafton Recruitment is a company we have long admired and is the only indigenous company with the ambition and network to make genuine all-island recruitment a reality. The companyís growing global presence also convinced us that Grafton is the premier Irish employment solutions group and something that we want to be a part of.î
The deal will see the MBC network of four offices working in partnership with Graftonís existing six offices in the Greater Dublin area and is part of an ongoing expansion strategy for Grafton in the Republic of Ireland. The global Grafton network now extends to 59 offices spanning 15 countries.
MBC turnover for its last financial year (12 months ending 31/12/04) was
Ä9 million (6.2 million stg)
Grafton Recruitment Group turnover for its last financial year (12 months ending 31/03/05) was Ä101 million (70 million stg)
Grafton all-island offer boosted by Dublin acquisition
Grafton Recruitment has announced details of a major acquisition that will significantly extend its cross-border offering
