Synergie SE

M&A Activity • Dec 22, 2015

SYNERGIEMARKET LEADER IN HUMAN RESOURCESSTRENGTHENS ITS PRESENCE IN GERMANY

Through its SYNERGIE Personal Deutschland subsidiary, the SYNERGIE group recently signed an agreement for the acquisition of 100% of the shares of a temporary employment company, with integration scheduled for early 2016. The merger is subject to prior authorisation from the German authorities.

The target company is expected to generate revenue of around €25 million this year and has around 15 offices located mainly in Bavaria, which will allow SYNERGIE to double the scale of its operations in southern Germany's most economically dynamic Länder.

The SYNERGIE group thus consolidates its position as Europe's fifth largest human resources management group.

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2015 annual turnover on 27 January 2016