Empresaria Group PLC
27 September 2006

Empresaria Group plc
27 September 2006



Empresaria Group plc


Acquisition of EUResource Limited


Empresaria Group plc ('Empresaria' or the 'Group') is pleased to announce that
it has acquired a 51% holding in EUResource Limited ('EUResource'). The
remainder of the shares are held by the existing management team. EUResource is
based in the Midlands and specialises in the recruitment of Eastern European
workers to fulfil the temporary and project management needs of UK clients. The
initial consideration paid amounts to £249,500, of which £199,500 was paid in
cash and £50,000 was being satisfied by the issue of 59,880 ordinary shares in
Empresaria. Deferred consideration is payable, dependent on the future
profitability of EUResource, up to a maximum of £150,000 of which up to £100,000
may be satisfied at Empresaria's option by the issue of further ordinary shares
in Empresaria and the remainder in cash.


Commenting on the acquisition, Miles Hunt, Chief Executive of Empresaria said:


'The economic benefits to the UK of migrant workers from Eastern Europe may now
be broadly recognised but in particular industries, especially where there are
skill shortages (such as butchers and printers) or seasonal work patterns, these
benefits are keenly felt and are consequently driving strong demand for such
workers. The acquisition of EUResource creates a new distribution channel for
our growing network of Eastern European offices.'


For further enquiries please contact:

Empresaria Group Plc 01293 649 900
Tony Martin (Chairman)
Miles Hunt (Chief Executive)
Nick Hall-Palmer (Finance Director)


Bridgewell Securities Limited 020 7003 3000
James Wellesley Wesley



Notes for editors:

Empresaria Group plc (sector Support Services, staffing) provides specialist
staffing services across nine countries through 30 trading subsidiaries.
Empresaria was formed in 1996 by Miles Hunt and its business model is based on
the philosophy of management equity which allows founder managers and key staff
within Empresaria's subsidiaries to acquire or retain a meaningful stake in the
businesses they run or work in.


This information is provided by RNS
The company news service from the London Stock Exchange

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