Serco sells ‘non-core’ occupational health business

Serco Group plc has sold its occupational health business for £3.5m in a management buyout. Serco occupational health provides services such as absence management, health screening and health education programmes to over 450,000 clients in the UK. The business generated £15m revenue and £1m adjusted operating profit in 2012 but Serco said future growth would…

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