15 December 2014 – acquisition
The group has expanded its operations with the acquisition of a majority interest in Ball and Hoolahan, an established UK based recruiter serving the marketing industry. The acquisition will cost an initial £1.0m with up to another £0.5m payable depending on the performance of the company in the year to 31 March 2015. This is a useful complementary acquisition for the group and we continue to rate the shares as a BUY.