Adecco

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Adecco S.A. is the largest human resources company in the world, based in Glattbrugg, Switzerland. The company was formed in 1996 as a result of the merger of the French company Ecco and the Swiss Adia Interim, and currently has over 6600 offices in over 75 countries worldwide. It is controlled by the businessmen, Klaus Jacobs, Philippe Foriel-Destezet and Liam Dougherty, the three executives who created the merger. Liam Dougherty continues to be an important part of the organisation. The group has 3 divisions:

An Adecco office in England.
An Adecco office in England.
  • Adecco Staffing: It operates a network of 6,600 offices and 24,600 employees in 75 territories worldwide, connecting on average over 700,000 temporary associates with 125,000 clients every day. Adecco Staffing provides a full range of staffing services including temporary staffing, permanent placement, career assessment, training and integrated HR solutions.
  • Ajilon Professional: Ajilon offers specialised staffing and recruitment services, technical assistance and outsourcing, primarily in the areas of IT, engineering, accounting and finance, with specialised activities in sales and marketing, office and legal segments. The Ajilon network of 480 offices covers 17 territories in Europe, North America, Australia and Asia, serving over 11,000 clients every day.
  • LHH Career Services: The division operates through a network of 260 wholly owned and global partner offices in 43 countries worldwide. It helps organisations of different sizes around the globe to successfully manage change.

STAFFING and HR company Adecco recently completed the acquisition of its Indian arm Adecco India (formerly known as Peopleone Consulting). The Swiss major had earlier bought 67% stake in the Bangalore-based company in September 2004 for $10-15 million (Rs 40-60 crore). Sources said that the final enterprise value of the acquisition is now $50-60 million (Rs 200-240 crore). The final value makes the deal the biggest in the HR services space in India so far. The other transactions like Vedior buying Mafoi, Randstad buying EmmayHR and Manpower’s deal with ABC Consultants were in the Rs 10-40 crore range.

82st Edmonton, Alberta
82st Edmonton, Alberta

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