Gi Group Holding announced today the completion of the acquisition of the European division of the physical counseling agency Kelly (Nasdaq: KELYA, KELYB), a leading global provider of specialist HR solutions. This is the largest transaction in Gi Group Holding’s history, increasing the group’s revenues to five billion euros.
The acquisition accelerates the implementation of Gi Group Holding’s development strategy, aiming to achieve a leading position in the global recruitment industry. The holding company is expanding its operations in eleven countries, including France, Portugal, Switzerland and Poland, and will offer its services in Belgium, Luxembourg and Norway. Kelly has vast knowledge and experience in the field of recruitment services, which will solidify Gi Group Holding’s position as a trusted, capable, and reliable partner.
The acquisition will enable Gi Group Holding to strengthen its HR offering in Life Sciences (pharmaceutical and medical equipment services sector), temporary work and RPO (recruitment process outsourcing) potential, which will become part of the Group’s value proposition. In line with the adopted strategy, the holding company is developing its HR ecosystem to provide comprehensive services and solutions.
“This is a very important day as we finalize our 51st acquisition. This is the largest transaction in the company’s development history so far, which will allow us to become a world leader in HR services,” emphasized the founder and CEO of Gi Group Holding, Stefano Colli-Lanzi. “We want to continue to introduce positive changes in the labor market and we are very pleased that our partner is Kelly, who has an offer complementing our services. We will soon welcome hundreds of new colleagues to the Gi Group Holding family, who will make a valuable contribution to the realization of our mission to promote and introduce sustainable work worldwide.”
