M&A Deal Summary

Randstad Acquires Obiettivo Lavoro

On May 20, 2016, Randstad acquired staffing company Obiettivo Lavoro for 103M EUR

Acquisition Highlights
  • This is Randstad’s 8th transaction in the Staffing sector.
  • This is Randstad’s 4th largest (disclosed) transaction.
  • This is Randstad’s 1st transaction in Italy.

M&A Deal Summary

Date 2016-05-20
Target Obiettivo Lavoro
Sector Staffing
Buyer(s) Randstad
Deal Type Add-on Acquisition
Deal Value 103M EUR

Target

Obiettivo Lavoro

Milan, Italy
Obiettivo Lavoro SpA is a provider of staffing and recruiting services.

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Buyer(S) 1

Buyer

Randstad

Diemen, Netherlands

Category Company
Founded 1960
Sector Business Services
Employees40,000
Revenue 25.4B EUR (2023)
DESCRIPTION
Randstad office in Atlanta, Georgia.
Randstad office in Atlanta, Georgia.

Randstad is a human resource consulting firm and HR service provider. Randstad was founded in 1960 and is based in Diemen, Netherlands.


DEAL STATS #
Overall 11 of 19
Sector (Staffing) 8 of 12
Type (Add-on Acquisition) 10 of 17
Country (Italy) 1 of 1
Year (2016) 1 of 4
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-30 Proffice

Stockholm, Sweden

Proffice is a provider of temporary staffing, recruitment, outsourcing, and career & development services. Proffice was founded in 1960 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-10 Careo Group

Japan

Careo Group is a provider of temporary staffing of engineers, clerical workers and telemarketers.

Buy -