APPLIED DRIVING AND VISIONTRACK JOIN FORCES TO TARGET SAFER DRIVING - May 25, 2023
TRANSPORT EXCHANGE GROUP LAUNCHES INDUSTRY-FIRST ROAD TRANSPORT DATA SERVICE TO SUPPORT DYNAMIC FREIGHT PRICING - May 23, 2023
FDC HOLDINGS BOLSTERS FLEET TO MARK END OF SUCCESSFUL 25TH ANNIVERSARY CELEBRATIONS - May 22, 2023
The Dangers of Slip Injuries in the Workplace: Understanding the Risks and Taking Action - May 19, 2023
How Portable Storage Units Streamline Business Operations - May 19, 2023
Bis Henderson Space achieves ISO 9001 accreditation - May 19, 2023
CitrusAd gives brands the key to keywords - May 18, 2023
VISIONTRACK SUPPORTS GOODYEAR FIA EUROPEAN TRUCK RACING CHAMPIONSHIP WITH ADVANCED VIDEO TELEMATICS - May 17, 2023
LOGISTICS SPECIALIST FDC HOLDINGS ACQUIRES 330,000 SQ FT PRESTON HQ FROM HARWORTH - May 12, 2023
Logistics firm Gently unites with Cloud Paper in sustainable delivery partnership in Los Angeles - May 9, 2023
ACQUISITION CREATES LARGEST BLUE COLLAR RECRUITER IN THE UK
A north west-based, privately owned recruiter has completed a deal to become the largest, privately owned blue collar labour provider in the UK.
Challenge-trg Group has acquired PMP Recruitment from investment house Twenty 20 Capital, for an undisclosed figure, bringing group revenues to over three quarters of a billion pounds.
The combined knowledge and experience of the Group will offer specialist, bespoke end-to-end logistics solutions in recruitment, training, driving, warehouse operatives and haulage, underpinned by its own supply chain technology.
Tom Cropper, Group CEO of Challenge-trg, said: “This is a really exciting time for Challenge-trg and PMP Recruitment. By coming together and pooling our resources and experience, we can offer our clients the ultimate service in our sector. Incredibly, in our first year of trading in 2011, Challenge-trg revenues stood at £750k; post deal and 10 years on, we’ll hit 1000 times this number – a real achievement.
“As a business, our vision and values align – PMP Recruitment is a leader in establishing protocols in the abolishment of modern slavery and Challenge has focussed on creating a work environment that develops and supports our employees. Through the combined passion for service and continual innovation and investment in technology and training provision, this merger is undoubtedly going to create opportunities for personnel and clients alike.”
The company will now employ over 500 group operational staff and over 40,000 temporary workers. Being trusted by these organisations, Challenge-trg believes it illustrates the company’s commitment to leading the way in ethical business decisions and ESG agenda.
Jamie Reynolds, who joins the Challenge-trg Group board to support long term client relationships, transition and integration said: “This deal creates a business that can deliver seriously tailored support to our clients. We’re very proud to have made this happen, we believe it means we can create many more jobs across the country at a time when employment is desperately needed. Our values are paramount, and Challenge-trg Group matches all of them. I’m very much looking forward to the future.”
Advisors to the deal were Grant Thornton, Hill Dickinson and Intechnica.
For more information see www.challengetrg.co.uk and www.pmprecruitment.co.uk.