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Randstad N.V. — Capital/Financing Update 2006
Jan 20, 2006
3880_iss_2006-01-20_15ccc02e-3cba-4959-af2f-c111b9db07fb.pdf
Capital/Financing Update
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Randstad Holding nv Diemermere 25, Diemen P.O. Box 12600, NL-1100 AP Amsterdam z.o.
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Press release
Randstad announces ProfCore management buyout
Date
January 20, 2006
More information
Frans Cornelis/Eva Lindner
Telephone
Randstad Holding nv announces it has reached an agreement with the management of ProfCore Business Services bv, one of the group companies, regarding a management buyout.
+31 (0)20 569 56 23
The core business of ProfCore is the secondment of employees with either a fixed or flexible labor contract and contracting activities in the industrial and logistics sector in Limburg (south of the Netherlands). The kind of services ProfCore provides do not fully fit Randstad's portfolio. ProfCore will now continue its activities as an independent company.
ProfCore employs 320 people and had a revenue of approximately € 15 million in 2005.
Randstad Holding nv specializes in solutions in the field of flexible work and human resources services with group companies in Europe, North America and Asia. The Randstad Group is one of the largest temporary employment organizations in the world and market leader in the Netherlands, Belgium, Germany, Poland and the southeastern United States. Randstad is dedicated to matching at the right time, the demand by individuals for challenging and well-paid employment to the demand of organizations for employees of the right caliber and the right qualifications. The Group is active under the brand names Randstad, Yacht , Capac Inhouse Services, Tempo-Team and Otter-Westelaken. Randstad Holding nv (Reuters: RAND.AS, Bloomberg: RAND NA) is listed on the Euronext Amsterdam exchange, where options for stocks in Randstad Holding are also traded. For more information about Randstad Holding see http://www.randstad.com.
HR Amsterdam nr 33216172