INTERNATIONAL Indonesia: Empresaria now has 90% of MCI
13 September 2012
Staffing company Empresaria has acquired a further 35% of its Indonesian subsidiary, recruiter PT Monroe Consulting Group (MCI), taking its stake in the company to 90%
Staffing company Empresaria has acquired a further 35% of its Indonesian subsidiary, recruiter PT Monroe Consulting Group (MCI), taking its stake in the company to 90%
The deal will have a maximum value of IDR 6.9bn (£0.5m).
MCI operates across South-East Asia with offices in Indonesia, Singapore, the Philippines and Thailand.
In the year ended 31 December 2010, MCI generated revenue of IDR 15bn (£1.1m) and profit before tax of IDR 6.1bn (£0.4m).
