Russell Taylor Holdings buys Transline Group

Wirral-headquartered recruitment group Russell Taylor Holdings has bought labour procurer Transline Group.

Earlier this week, Transline was tightlipped about Sky News reports that Russell Taylor had come in to acquire the labour procurer, after Transline filed a notice of intention (NOI) to appoint administrators in a bid to protect the business. That move occurred as it sought funding to continue operations late last month. The notice was subsequently extended in early May, with the group claiming it had moved to an advanced stage in its bid to seek fresh funding.

Today, Russell Taylor Holdings – whose other subsidiaries include Russell Taylor Group, Recruit Right and Assist Resourcing UK, the last of which it acquired in January 2017 – confirmed in a statement they had completed a deal that sees the Transline Group business become a wholly-owned subsidiary of Russell Taylor Holdings. 

Russell Taylor Holdings’ companies operate across construction, engineering, warehousing and manufacturing recruitment sectors.

The statement added there would not be any changes to the day-to-day operations at Transline, with all employees, senior management and clients transferring across to the new company.

Commenting on the deal, Ben Russell, group CEO of Russell Taylor Holdings, said: “The industrial recruitment industry has faced pressure due to the exponential growth of the UK e-commerce sector, and the experience and quality of the Transline team and its investment in compliance and infrastructure will ensure the business reaches its future potential.

“The investment will facilitate the long-term success of the company and wider group as we continue to bring on board complementary businesses that share our values to create an industry-leading combination.”

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