Japanese recruitment firm invests in Newcastle

Japanese recruitment firm invests in Newcastle

Japan-based staffing solutions firm Trust Tech Inc. has announced plans to acquire MTrec Limited, one of the North East’s largest providers of staffing and training.

The move comes as Trust Tech’s first significant acquisition outside of Japan and will help the company establish its presence in the UK and Europe.

Established in 2006, by directors David Musgrave and Rob Armstrong, Newcastle-based MTrec employs 56 staff and 2,500 temporary workers who are placed into clients’ businesses across the region, benefitting the manufacturing, engineering and industrial sectors.

MTrec Care, a subsidiary of the firm, provides nurses, carers and support workers to the North East’s care sector.

David Musgrave will remain as Managing Director and, alongside the existing management team, including James Doyle and Chris Salkeld, will work with Trust Tech Inc. to develop the business over the coming years to become a leading national and European staffing and training provider.

Yutaka Nishida, president and representative director of Trust Tech, said: “It is our highest delight to welcome MTrec to our group.

“Focusing on manufacturing and engineering sectors, both Trust Tech and MTrec are fast-growing and enthusiastic companies. We are covering different geographic areas of the world, and can jointly grow faster.”

David Musgrave, managing director of MTrec, said: “Becoming Trust Tech Inc.’s first European strategic partner is testament to the quality of the business and the strong growth we have achieved.  

“It is a fantastic opportunity for MTrec and its current management team to take the business into new markets and to enable the business to deliver global staffing and training solutions to our existing and prospective clients.”    

 

 

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