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Impellam starts on AIM after merger

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Date: Wednesday 07 May 2008

LONDON (ShareCast) - Impellam has started trading on AIM following the completion of its merger with Carlisle Group and its acquisition of The Corporate Services Group.

The company’s shares opened at 79p and are currently trading at 86.5p, giving it a market capitalisation of about £38.52m.

“As a company with nearly £1 billion in revenues and diversified operations across a range of staffing and support services sectors, Impellam is excellently positioned for organic and acquisitive growth,” said chief executive Desmond Doyle.