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Technology / AI and automation

CCF ABANDONS RECRUITMENT ARM, SELLS IT TO MBS

After just 18 months in the business, CCF Group Plc has thought better of its diversification into the employment agency and staff consultancy arena, and has sold the operations of its CCF Recruitment business to MBS Plc. The transaction adds yet another arm to the MBS business, giving it interests in recruitment of systems and programming staff in the areas of MS DOS micros, IBM mainframes and System 36 and 38, and DEC VAX/VMS systems, with related consultancy and training services. Its operations are currently largely confined to London and the Home Counties, but geographic expansion is in the plan. The parties have agreed not to disclose the transaction price, nor any figures relating to the business, although MBS says that it is making a small profit. CCF says that it decided to withdraw from the recruitment sector to concentrate its efforts and resources on its core business as an international financial software house majoring on the Pick operating system.

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CBR Staff Writer

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