CPL acquires Swedish recruiter

Irish recruitment specialist CPL Resources has expanded its overseas presence via the acquisition of Swedish recruiter, European Human Resources, for an undisclosed sum.

The Dublin-based company — which two months ago warned that trading conditions in its core markets remain “very challenging” — has bought the Stockholm-headquartered business due to its recruitment activities in the engineering and construction sectors; areas currently thriving in Scandinavia.

European Human Resources also mainly deals with contract/temporary placements, which grant it regularly strong revenue streams.