Trust Tech buys HR firm

UK-Japan News January 2018

Tokyo-based engineer dispatch firm Trust Tech Inc. has completed a deal for Wrexham-headquartered recruitment firm Gap Personnel Group, Insider reported on 5 December. Trust Tech acquired a 75% stake for £20.1mn following an initial agreement in October, and it follows the purchase of Newcastle-based MTrec Limited in 2016.

As part of the deal, Trust Tech has committed to supporting Gap’s expansion plans in the UK and Europe. Currently, the firm has 45 locations across the country.

Gap’s existing management team will continue to oversee the firm.