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  5. The Adecco Group Acquires Humangroup S.A.

M&A Deal Summary

The Adecco Group Acquires Humangroup S.A.

On April 29, 2005, The Adecco Group acquired staffing company Humangroup S.A. for 66M EUR

Acquisition Highlights
  • This is The Adecco Group’s 5th transaction in the Staffing sector.
  • This is The Adecco Group’s 7th largest (disclosed) transaction.
  • This is The Adecco Group’s 1st transaction in Spain.

M&A Deal Summary
Date 2005-04-29
Target Humangroup S.A.
Sector Staffing
Buyer(s) The Adecco Group
Deal Type Add-on Acquisition
Deal Value 66M EUR

Target

Humangroup S.A.

Madrid, Spain
Human group offers staffing services under the AltaGestión brand and outsourcing solutions under the Eurocen (logistics and manufacturing), Extel (call centers) and Eurovendex (sales and marketing) brands.

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Buyer(S) 1

Buyer

The Adecco Group

Zurich, Switzerland
Category Company
Founded 1957
Sector Staffing
Employees35,089
Revenue 23.1B EUR (2024)
DESCRIPTION
Entrance to Adecco office in Stockholm, Sweden.
Entrance to Adecco office in Stockholm, Sweden.

The Adecco Group is an HR solutions provider that offers a wide variety of services, connecting more than 650,000 associates with clients daily. The Adecco Group was founded in 1957 and is headquartered in Zurich, Switzerland.

DEAL STATS #
Overall 6 of 15
Sector: Staffing M&A 5 of 10
Type: Add-on Acquisition M&A Deals 5 of 13
Country: Spain M&A 1 of 1
Year: 2005 M&A 2 of 2
Size (of disclosed) 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-25 Altedia SA

Paris, France

Altedia offers services and solutions to businesses regarding reorganizations, career transition and social engineering, human capital, and external communications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-02 DNC De Nederlanden Compagnie NV

Zaltbommel, Netherlands

De Nederlanden Compagnie NV is a Dutch provider of staffing services.

Buy €56M
Mergr

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