On June 7, 2013 Randstad received clearance from the European Commission for the proposed acquisition of part of the European staffing activities of USG People, which was announced on April 4, 2013.
- Key points of the proposed acquisition:
- Randstad to acquire staffing activities of USG People in Spain, Italy, Poland, Switzerland, Luxembourg and Austria
- Randstad will increase its market position and density of its network
- An investment of € 20 million to add revenue of € 434 million
The transaction offers a significant opportunity for value creation and will be immediately accretive to Randstad's earnings per share With the approval from the European Commission an important hurdle has been cleared. Randstad anticipates to close the transaction towards the end of June 2013.
about randstad
Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company. As a partner for talent and through our four specializations - Operational, Professional, Digital and Enterprise - we provide clients with the high-quality, diverse and agile workforces that they need to succeed in a talent scarce world. We help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace. Through the value we create, we are committed to a better and more sustainable future for all. Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 40,000 employees. In 2023, we supported 2 million talent to find work and generated a revenue of €25.4 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com.
for more information
Elise Martin-Davies
+31 (0)6 1322 5136
press@randstad.com