Staffline, the recruitment and training group, has completed the sale of its Apprenticeships business to Babington Business College Ltd, a professional training course, apprenticeships and traineeships provider, for a nominal fee.
The agreement for Babington to acquire contracts and assets from PeoplePlus, associated with the delivery of Apprenticeships across England and Scotland, was revealed last month.
In a statement to London Stock Exchange Staffline said: “This transaction forms part of PeoplePlus’ strategic re-focus on its core employability and adult skills capabilities as it seeks to leverage the division’s leading position within these markets.”
When initially announcing the sale, Albert Ellis, Chief Executive Officer of Staffline, said: “We are pleased to have reached an agreement with Babington, which will ensure our Apprenticeship clients and learners continue with another high-quality training provider.
“PeoplePlus has unique capabilities, experience and scale in the employability and adult skills sectors and this transaction will enable the division to fully focus on the UK wide unemployment challenge that now exists.”