Business News

Revenue growth for Cpl as company acquires Clinical Professionals

By Business & Finance
03 September 2015
Anne Heraty Cpl
Anne Heraty, CEO, Cpl Resources

Employment services group Cpl Resources today announced the acquisition of Clinical Professionals on top of strong financial results for 2015.

Clinical Professionals is a leading UK-based pharmaceutical and life sciences recruitment company, with the Only Medics and Regulatory Professionals brands within their portfolio.

They recruit for pharmaceutical roles across Europe, including recruiting for pharmaceutical job vacancies in Switzerland, Belgium, Germany, France, the Netherlands and the UK.

Cpl has acquired 89.8% of the business.

In Cpl’s financial report for the year to June 30th, annual revenue increased 6.6% to €393.6m as pre-tax profit fell 2.1% to €14.1m.

John Hennessy, chairman, Cpl said: “Economic indicators in our main markets are positive, and we have invested in strengthening our team and our systems to allow us to meet demand as these markets continue to recover and grow.

“2015 marks the 25th anniversary of the establishment of Cpl. During this time we have also made several important acquisitions that have contributed to our growth, and we announce another addition to the Cpl Group today.

Anne Heraty, CEO, added: “The employment market continues to improve with skills shortages in some key sectors. We are delighted to join forces with the talented people from Clinical Professionals who we are welcoming to Cpl today. Together we will offer an even broader range of recruitment and workforce solutions for the benefit of our candidates and clients.