Global staffing solutions specialist, the Morson Group, has recorded a record year with turnover reaching £867 million and the group is now on track for further growth during its 50th year in business.
Group revenues increased by 6.5 per cent to the end of December 2018 thanks primarily to continued organic growth in core sectors and subsidiary companies.
Growth was spearheaded by three strategic acquisitions made during 2018, which saw the Morson Group acquire Canadian and USA-based recruiter, Strategic Infusion Inc., and UK-based companies, Anderselite Holdings Ltd and Waldeck Holdings Ltd. As well as recruiting in the maritime sector, this enabled the Group to expand into other markets such as power, nuclear, telecommunications, engineering and architecture.
Morson Group CEO, Ged Mason, explains: “2018 was a landmark year for the Morson Group as we cemented our position as market leaders of talent and go-to strategic partners across a number of technical sectors.”
Founded in 1969, the Morson Group collectively employs more than 1,100 people.
Ged continues: “Growing a successful business is about people and our staff really are the backbone of the group. Having a team that’s committed to delivering great service day in, day out, is a major part of our company culture, and I’m proud of every member of the Morson family for committing their time and support and making our group of businesses exceptional places to work.
“Looking back at where Morson came from, it’s incredible to think that my father set up the business 50 years ago from under the staircase in our family home. What’s even more inspiring is that we have the potential to take the Morson Group to new heights and as an entrepreneurial business rooted in family values, we’re focused in delivering excellence to our clients and candidates, whilst maintaining working environments that attract and retain great people who thrive.
“Our continued focus on high quality staffing solutions as well as successful sector diversification, both in terms of our geographical footprint and products offered, will take us towards our goal of reaching a £1 billion group turnover.”