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RNS Number : 9119I Staffline Group PLC 16 May 2025
16 May 2025
Staffline Group plc
("Staffline", the "Company" or the "Group")
Contract Win
Staffline to expand operational footprint with leading food and drink
logistics provider
Staffline (AIM: STAF), the recruitment group, is pleased to announce it has
secured a significant strategic partnership with one of the UK's leading food
and drink supply chain management and logistics providers covering the whole
of the UK and Ireland.
This new partnership comprises an initial two-year agreement with a one-year
extension option to outsource to Staffline 100% of the agency labour services
that are currently supplied by the wholly owned in-house labour supplier. This
partnership will see the Group deliver flexible, temporary employment
solutions in addition to managing second tier suppliers across the client's
chilled and ambient business operations.
The Contract is anticipated to further strengthen Staffline's leading market
position in the logistics sector. The mobilisation of c3,000 temporary workers
across driving, warehousing and security activities will begin no sooner than
the end of Q2 2025 and is expected to continue during Q3 2025.
Albert Ellis, Chief Executive Officer of Staffline commented:
"We are delighted to have secured such an important, value enhancing strategic
partnership. This new contract reinforces Staffline's strong reputation as a
trusted partner for supplying volume labour to the food and drinks, logistics
and FMCG sectors and materially enhances the Board's expectations of Group
performance over the life of the contract. Over the coming months the
Staffline team will be working with the leadership to manage a smooth
transition, creating efficiencies, synergies and opportunities for all
parties."
For further information, please contact:
Staffline Group plc via Vigo Consulting
www.stafflinegroupplc.co.uk (http://www.stafflinegroupplc.co.uk/)
Albert Ellis, Chief Executive Officer
Daniel Quint, Chief Financial Officer
Panmure Liberum (Nominated Adviser and Broker) 020 3100 2222
www.panmureliberum.com (http://www.panmureliberum.com)
Nick How / Satbir Kler
Zeus (Joint Broker) 020 3829 5000
https://zeuscapital.co.uk/ (https://zeuscapital.co.uk/)
David Foreman (Investment Banking)
Nick Searle (Sales)
Vigo Consulting (Financial PR) 020 7390 0230
www.vigoconsulting.com (http://www.vigoconsulting.com/) Staffline@vigoconsulting.com
Jeremy Garcia / Anna Sutton
Inside Information:
This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act 2018. Upon the publication of
this announcement via Regulatory Information Service, this inside information
is now considered to be in the public domain.
About Staffline - Recruitment
Enabling the Future of Work™
Staffline is one of the UK's leading Recruitment groups. It has two divisions:
Recruitment GB
The Recruitment GB business is a leading provider of flexible blue-collar
workers, supplying up to c.35,000 staff per day on average from around 400
sites, across a wide range of industries including supermarkets, drinks,
driving, food processing, logistics and manufacturing.
Recruitment Ireland
The Recruitment Ireland business is a leading end to end solutions provider
operating across multiple industries, ten branch locations and ten onsite
customer locations, supplying c.4,500 staff per day on average, and offering
RPO, MSP, temporary and permanent solutions across public and private sectors
throughout the island of Ireland.
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