Fortis Employment Acquires Labour Ready UK
LABOUR READY TEMPORARY SERVICES UK LTD ACQUIRED BY FORTIS EMPLOYMENT SERVICES LTD
Labour Ready Temporary Services UK Ltd is enjoying private ownership following the acquisition of 100% of its assets (for an undisclosed sum by Fortis Employment Services Ltd.
Under the terms of the buy-out, David Mogford takes personal ownership of Labour Ready Temporary Services UK Ltd and its 29 branches nationwide, which will now sit within the newly formed, Fortis Employment Services Ltd. Labour Ready Temporary Services UK Ltd previously formed part of True Blue Inc, the publicly listed group based out of Tacoma Washington which has extensive offices across the US and ranks in the Top 20 global staffing companies by revenues. (Source The Top 100 Report)
Justin Grundy and David Farrell will be joining Mogford on the Fortis Employment Services Ltd Board. Mogford also owns the Fortis Recruitment Group Ltd and Westaff UK Ltd.
Mogford praised the strength of his team in taking the company forward under its new management: It is clearly a tremendously exciting time for the business and we are now looking to focus our energies on the development of our customer service proposition and realizing our strategic vision. As a team, Labour Ready Temporary Services UK Ltd has some of the best in the business, all bound by a common passion for excellence and success. Well be seeing some significant initiatives launched over the next two to five years in line with market shift, changing needs of employers and potential expansion of our own business.
Labour Ready Temporary Services UK Ltd has a strong reputation in the provision of staffing resources nationwide. It specializes in the supply of temporary workers across administration, accountancy, contact centre, technical and support services.
The newly enlarged Fortis Employment Services will have UK revenues in excess of 30 million.