Gi Group completes €130 million acquisition of Kelly’s European Staffing Business

January 8, 2024 – Gi Group Holding announced today the successful completion of its acquisition of the European Staffing business of Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, making it the largest acquisition in Gi Group Holding’s history and increasing its revenues to five billion Euros.

The transaction accelerates Gi Group Holding’s growth strategy to become a leader in the global staffing and recruitment industry, as it expands its activities in eleven countries, such as France, Portugal and Switzerland, and additionally brings its services to Belgium, Luxembourg and Norway. It is especially notable given Kelly’s distinguished history in staffing services, further consolidating Gi Group Holding’s standing as a trusted, expert and reliable partner.
The acquisition will enable Gi Group Holding to strengthen its offering in its Life Sciences, white collar temporary work and RPO capabilities, which will be integrated into its value proposition as the Holding strategically grows its HR ecosystem to deliver comprehensive services and solutions.

“This is a very exciting day for as we close our 51st acquisition, our largest one to date, and a fundamental step in our growth trajectory to become a global leader in HR services,” remarked Gi Group Holding Founder & CEO Stefano Colli-Lanzi. “This equally goes hand in hand with our emphasis on ensuring a positive contribution to the labour market, and, as such we are grateful to have found in Kelly a complementary partner. We’re looking forward to welcoming hundreds of new colleagues to our family who will undoubtedly give a valuable contribution to further our mission of disseminating and implementing Sustainable Work all around the globe.”

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