View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 31, 1988

CCF ABANDONS RECRUITMENT ARM, SELLS IT TO MBS

By CBR Staff Writer

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.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU