Manmark currently represents 34 Scandinavian footballers all of which play in the top leagues in the countries where they work (mainly England, Spain, Holland and Sweden).
For the year ending December 31, 2000, Manmark reported a turnover of GBP549,000 (USD786,000/EUR884,000).
"The acquisition of Manmark significantly strengthens our existing European operations, positioning SEM as a leader in the lucrative Scandinavian market, and expanding our quality client base," said Jerome Anderson, chief executive of SEM. "Together with the acquisition of Robert Segal Management, which we announced on November 27, 2001, we are successfully implementing our strategy of building an unrivalled client base throughout Europe, featuring a low average age and exceptional footballing talent."
SEM floated on the Alternative Investment Market (AIM) in August at 64.5p. Its shares have failed to rise above this level and were last at 62.5p.
