Harvey Nash takes majority stake in Norwegian recruiter Bjerke & Luther
13 September 2012
International recruiter Harvey Nash has acquired 50.1 % of the shares in executive search, assessment and technical recruiter Bjerke & Luther.
International recruiter Harvey Nash has acquired 50.1 % of the shares in executive search, assessment and technical recruiter Bjerke & Luther.
Harvey Nash purchased the shares for 18.5m Norwegian Kroner (roughly £2.1m) plus 300,000 Norwegian Kroner in transaction costs (approximately £0.03m) payable in cash on closing.
The firm has also been granted a call option to acquire the additional 49.9 % of the shares in Bjerke & Luther from the sellers which may be exercised between 1 February 2013 and 2 April 2013.
