Boardroom - Unsplash

Josef Said, CEO at Expedition42 – the parent company of Konnekt – has stated that the acquisition of’s intellectual property (IP) represents a “significant step” for the company.

His comments came as part of a joint statement from Expedition42 and CSB Group announcing the former’s acquisition of the IP of recruitment agency VacancyCentre.

Josef Said
Expedition42 CEO Josef Said / LinkedIn

VacancyCentre is one of Malta’s oldest recruitment agencies, having been founded in 1999. It has established itself as an active player in sectors such as finance, technology, compliance, and operations.

When contacted by this newsroom, the two firms stated that the acquisition was done with the aim of enhancing’s market presence and service offerings, while also allowing CSB Group to focus on driving growth within its service areas of specialisation.

Mr Said acknowledged that Expedition42 aims to continue VacancyCentre’s ethos towards its clients and candidates.

“We are honoured to curate the hard work put into VacancyCentre and are committed to delivering a high level of service to both clients and candidates,” he remarked.

“This acquisition represents a significant step in our mission to provide comprehensive HR solutions,” Mr Said added.

The joint statement by the two companies affirmed that the acquisition aligns with the strategic visions of both Expedition42 and CSB Group. CSB Group is a corporate service provider in Malta. Through this acquisition, Expedition42 aims to strengthen its position in the HR tech and services sector.

Michael J Zammit / LinkedIn
CSB Group CEO Michael J. Zammit / LinkedIn

CSB Group CEO Michael J. Zammit expressed his confidence in Konnekt’s capabilities: “We are certain that Konnekt will do an excellent job at curating the thousands of candidates and clients we have serviced since 1999.”

“Their expertise and dedication to quality make them the ideal stewards for the future of VacancyCentre’s clients and candidates,” he continued.

IP constitutes intangible creations of the mind, such as inventions, literary and artistic works, designs, symbols, names and images.

In their statement, the firms did not clarify whether the VacancyCentre brand will remain in use for the foreseeable future.

They also did not provide any details as to how the two brands and their databases will be integrated, nor did they divulge the cost of the transaction.

However, when accessing, users are notified that it has terminated its recruitment services, before redirecting them to Konnekt’s website. This suggests that the brand will no longer be in use.

Featured Image:

Expedition42 CEO Josef Said / LinkedIn


Turkish Airlines / Facebook

Turkish Airlines increases capacity for Istanbul-Malta route to meet rising demand

18 July 2024
by Fabrizio Tabone

From 2nd August until 25th October 2024, the airline will use widebody aircraft for the route.

FinanceMalta Chairman George Vella ‘encouraged’ by number of firms setting up shop in Malta

17 July 2024
by Anthea Cachia

His comments came in FinanceMalta's Annual Report, which highlighted the organisation's efforts and achievements in promoting Malta.

Businesses ‘crying out for action’ against Malta’s governance, corruption, and overpopulation

17 July 2024
by MaltaCEOs

misco Director Lawrence Zammit' comments came during the presentation of the Malta Chamber of SMEs’ latest barometer for the second ...

BOV appoints Bjorn Ekstedt as Chief Information Officer

17 July 2024
by Anthea Cachia

In his new role, he will support the delivery and shaping of BOV’s growth strategy.

Close Bitnami banner