en-japan acquires Thai recruiter Capstone

Japanese recruitment group en-japan has acquired Thai recruiter The Capstone Group Recruitment and Consulting, in a deal worth Y215m (£1.4m).
Wed, 6 Nov 2013Japanese recruitment group en-japan has acquired Thai recruiter The Capstone Group Recruitment and Consulting, in a deal worth Y215m (£1.4m).

en-japan currently serves seven markets across the Asia-Pacific region, operating in Australia, China, Hong Kong, Singapore and South Korea in addition to Japan. It says Thailand has a growing recruitment market and that it can leverage clients from the large number of global and Japanese corporations operating in Thailand.

Capstone’s shares will be acquired by en-japan itself, its subsidiary en-Asia holdings, and a still to be established firm En Holdings (Thailand).

Capstone has 27 staff and sales in the year 2012 totalled 48m Thai Baht (£950k).

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