Dubai’s Dulsco acquires Scottish recruitment firm AGR

Dubai’s Dulsco acquires Scottish recruitment firm AGR

Dubai: UAE-based human resources solutions company Dulsco Group announced on Monday that it had acquired Scotland-based specialists in energy recruitment - Advance Global Recruitment Ltd (AGR) – as part of its expansion efforts. Lumina Capital Advisers acted as lead financial adviser to Dulsco during the acquisition process. The purchase of AGR, with offices in Scotland and UAE and clients across 70 countries, brings specialist oil, gas and renewables expertise and international reach and builds on Dulsco Group’s capabilities in this space. David Stockton, CEO of Dulsco Group, said: “The acquisition of AGR is a significant milestone for Dulsco Group as it will accelerate growth in the UAE and, critically, in new international markets. As we worked through this transaction, it was clear that their solution-based engagements are a natural fit, and AGR’s client and people-focused culture echo Dulsco’s own.” AGR will continue to be led by Stuart Hunter as CEO and their management team in all locations. This acquisition follows Dulsco Group’s purchase of Parisima Talent Ltd in July 2022. George Traub, Managing Partner of Lumina, said: “We continue to see significant mergers and acquisitions activity in the energy and related sectors between the Middle East and the UK, supported