Dulsco Group has acquired Advance Global Recruitment (AGR).
The United Arab Emirates-based recruiter targeted the Edinburgh-based energy recruitment specialist - which also has offices in the UAE and clients across 70 countries - to build on its capabilities within the oil, gas and renewables industries.
“The acquisition of AGR is a significant milestone for Dulsco Group as it will accelerate growth in the UAE and, critically, in new international markets,“ explained Dulsco chief executive David Stockton.
“As we worked through this transaction, it was clear that their solution-based engagements are a natural fit, and AGR’s client and people-focused culture echo Dulsco’s own.“
Stuart Hunter, chief executive of AGR, said, “I’m proud of what the team has achieved in the past 10 years, positioning AGR as leaders in energy recruitment, and I am looking forward to taking AGR to the next level, joining forces with Dulsco Group, and combining our talent.”
AGR will continue to be led by Hunter and their management teams in all locations.
Lumina Capital Advisers acted as lead financial adviser to Dulsco during the acquisition process.
This acquisition follows Dulsco’s purchase of Parisima Talent in July 2022.
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