In brief

Douglas Llambias Recruitment Agencies has been sold as part of a management buy out. Guinness Mahon Development Capital (GMDC) backed the Buy In, Management Buy Out of the group, comprising Douglas Llambias Associates, La Creme and Buckmans. Bruce Page, managing director of Douglas Llambias and chairman Richard Humphreys led the MBO. Douglas Llambias will continue as a non executive director and 10 per cent equity shareholder.

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