Recruitment specialists CPL have agreed to purchase the contract business of Marlborough Group and its subsidiary Ann O'Brien Secretarial Ltd.
In a statement CPL said: "This business includes contracts under which temporary staff is provided to customers by Marlborough Group Ltd, and Ann O'Brien Secretarial Ltd, together with related assets, including business names and other intellectual property."
It is not known how much CPL paid for the business but a further announcement is expected later today. The company was said to be meeting the Marlborough receiver Mr David Hughes this afternoon.
A receiver was appointed to Marlborough Group last Thursday and its shares were suspended on the Dublin and London markets.