Trinity Mirror buys The Career Engineer Limited for £1.9m
Trinity Mirror acquires the engineering jobs website
Trinity Mirror acquires the engineering jobs website
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Trinity Mirror has bought recruitment website The Career Engineer Limited.
The group has paid an initial £1.9 million for the jobs website, which specialises in the engineering industry, and will pay a further £400,000 for the online service if specific targets are met over the next 12 months.
According to Trinity, the site is expected to generate more than £500,000 in revenue in its first year.
"Career Engineer is a great fit for our digital recruitment portfolio bringing new revenues and further building our position in this growing market," said Sly Bailey, Trinity Mirror CEO, in a press statement from the company.