Transline won’t confirm reports of takeover by Assist Resourcing

Labour procurer Transline will not be drawn on reports industrial recruiter Assist Resourcing is close to agreeing a takeover of the business.

Over the weekend, Sky News said it had learned Assist Resourcing, acquired by Russell Taylor Group earlier this year, is nearing a deal to purchase Transline.

At the end of April, Transline announced it had filed a notice of intention (NOI) to appoint administrators in a bid to protect the business while it sought funding to continue operations. 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.

Sky claimed they had been told a person close to Transline had told them a deal could be struck this week.

A spokesperson for Transline told Recruiter it would not be commenting on Sky’s reports at this time. Recruiter also contacted Russell Taylor Group for comment but had not heard back by deadline.

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