Grafton buys rival recruiter for €5m in market shake-up

GRAFTON Recruitment has swooped to buy leading Dublin jobfinding agency Mary B Cremin in a deal estimated to be worth up to €5 million.

Grafton buys rival recruiter for €5m in market shake-up

The takeover will add four offices to Grafton’s existing Irish network of 25 and brings its number of branches in Dublin to 10. The Belfast-headquartered company, which now has 59 offices in 15 countries, generated revenues of over €100m last year, while Mary B Cremin’s turnover in 2004 was €9m.

Grafton co-founder and chairman James Kilbane said the takeover added “a great brand” to Grafton’s portfolio. “It’s very tightly-run, very profitable and will be revenue-generating from day one,” he said.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited