Vedior NV
15 November 2006
Amsterdam, The Netherlands
Vedior acquires UK human resources specialist
For release at 8:30 am on 15 November 2006
Vedior is pleased to announce it has acquired an 80% interest in Digby Morgan
Consulting Limited ('Digby Morgan' or 'the Company'), a UK human resources
executive search and selection specialist.
Founded in 1988, Digby Morgan provides HR recruitment services in the UK and
internationally with clients ranging from brand-leading multinationals to niche
players.
The Company operates through dedicated divisions focusing on sectors such as
financial services and technology industries. The main Digby Morgan brand
specialises in the search and selection of senior-level HR executives while the
HR Resourcing brand provides mid-level HR professionals and HR Interims provides
HR personnel for temporary assignments.
Zach Miles, Vedior's Chief Executive, said, 'Digby Morgan complements our
established HR International brand based in the UK and US. The Company's
executive level focus extends the breadth of our services in this important
sector.'
Based in London, Digby Morgan achieved (audited) annual sales of £6.7 million
(€9.8 million) for the year ended 31 December 2005.
Digby Morgan's existing management team will continue to develop the Company.
The outstanding 20% interest will remain with Digby Morgan's management.
Company Profile:
Vedior is one of the world's largest recruitment companies and is a full-service
recruitment provider with a diversified portfolio of brands targeting a broad
range of industry sectors.
From its global network of offices spanning Europe, North America, Australasia,
Asia, South America and Africa, Vedior offers temporary and permanent
recruitment as well as a number of complementary employment-related services
such as outplacement, HR outsourcing, payrolling and training.
Vedior has a leading market position in the provision of professional/executive
recruitment in sectors such as information technology, healthcare, accounting,
engineering and education. We also have a significant global network providing
administrative/secretarial and light industrial recruitment.
For further information, please contact:
Zach Miles, Chief Executive +31 (0)20 573 5609
Frits Vervoort, CFO
Jelle Miedema, Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange