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Randstad N.V. — M&A Activity 2007
Oct 2, 2007
3880_iss_2007-10-02_2ae91be3-f3d9-4245-b5e2-a31588961550.pdf
M&A Activity
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Randstad Holding nv
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Press release Randstad completes the acquisition of Team BS
Date October 2, 2007 More information Machteld Merens Bart Gianotten Telephone +31 (0)20 569 56 23 Randstad Holding nv has fully completed the acquisition of the German staffing company Team BS as announced on September 14, 2007. The German competition authority, which still had to agree to the acquisition, has given its approval.
The acquisition reinforces Randstads leading position in Germany and strengthens the density of our network, especially in the Rhine-Main area.
Team BS primarily services the pharmaceutical, chemical, consumer goods and automotive industries. The expected 2007 revenue of Team BS is approximately € 55 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, EmmayHR, Team4U, Martin Ward Anderson 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/.