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Randstad N.V. — M&A Activity 2006
Jan 25, 2006
3880_iss_2006-01-25_6077e581-1170-478e-a41a-44b390cf095d.pdf
M&A Activity
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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 completes acquisition of Bindan and Teccon
Date
January 25, 2006
More information
Frans Cornelis/Eva Lindner
Telephone
+31 (0)20 569 56 23
Randstad Holding nv has fully completed its acquisition of Bindan GmbH and Teccon GmbH as announced on January 10, 2006. The German Bundeskartellamt, which still had to agree to the acquisition, has given its approval.
This acquisition complements Randstad’s position in terms of geography and service offerings and substantially strengthens Randstad’s position, particularly in northern Germany.
The expected combined 2005 revenue of these two companies is € 148 million.
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