Italian staffing firm Gi Group Holding announced today it successfully completed its acquisition of the European Staffing business of Kelly (Nasdaq: KELYA, KELYB), making it the largest acquisition in Gi Group Holding’s history.
Gi Group Holding has announced the successful completion of its acquisition of the European Staffing business of Kelly (Nasdaq: KELYA, KELYB) making it the largest acquisition in Gi Group Holding’s history and increasing its revenues to five billion Euros.
Gi Group Holding has announced that it has entered into a definitive agreement to acquire the European Staffing business of Kelly, a leading global specialty talent solutions provider, for a total consideration of up to €130 million, comprising €100 million in cash and an additional earnout potential of up to €30 million. The transaction is expected to close in the fourth quarter of 2023, pending necessary regulatory approvals and customary closing conditions.