Empresaria Group plc has acquired a 60% stake in Intelligence HR Consultants, bolstering its presence in Asia's engineering recruitment market.

Target Information

Empresaria Group plc, a global staffing specialist listed on AIM, has significantly enhanced its international presence by acquiring a 60% stake in Intelligence HR Consultants, a recruitment firm based in China and Singapore. Intelligence HR Consultants is renowned for its focus on sourcing senior and management-level technical specialists across diverse sectors including engineering, construction, chemicals and petrochemicals, pharmaceuticals and biotech, electronics and energy, as well as manufacturing, finance, and retail. Founded in 2003 by Michael Yang, who serves as Chief Executive, the company has established itself as a leader in recruitment within these industries, with Yang retaining a 40% ownership in the business.

Industry Overview

The staffing and recruitment industry in China and Singapore has been experiencing substantial growth, driven by the increasing demand for skilled professionals across various sectors. The engineering and construction fields, in particular, have seen a surge in projects initiated by both the public and private sectors, necessitating a robust workforce equipped with specialized skills. This has led to an intensified competition among recruitment agencies to attract and retain top talent, positioning firms like Intelligence HR Consultants at a strategic advantage.

In recent years, the rise of technology and automation has also transformed the recruitment landscape in these countries. Agencies are increasingly leveraging data-driven approaches and digital platforms to streamline their processes and enhan