International specialist staffing group Empresaria Group plc (LON:EMR) has upped its stake in Monroe Consulting Group (Thailand) from 60% to 70%.
The company paid £200,000 to increase its holding.
Monroe specialises in executive search in Thailand, targeting the consumer goods, health, industrial, professional and technology industries. It forms part of the broader Monroe brand servicing clients across South East Asia and Central and Southern America.
In 2015 Monroe generated revenue of £1.3 million and profit before tax of £0.4 million.
Shares in Empresaria nudged up 0.5% in a falling market in the first 20 minutes of trading.