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Gi Group Holding Acquires Kelly s European Staffing Business

Gi Group Holding acquires Kelly s European Staffing Business

The €130 million transaction accelerates Gi Group Holding’s growth strategy to become a leader in the global staffing and recruitment industry

Gi Group completes €130 million acquisition of Kelly s European staffing business

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 Acquires Kelly s European Staffing Business – The Global Recruiter

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 Takes Kelly

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.  

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