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For more information, please contact:
Machteld Merens/Jan-Pieter van Winsen
Telephone: + 31 20 569 5623
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Randstad completes small divestments
On January 12, 2012 Randstad completed the divestment of the
payrolling business of Ma Foi Randstad in India. Randstad has
sold these activities to Automatic Data Processing Inc.
(Nasdaq: ADP). This divestment enables Ma Foi Randstad to
focus on its core activities in India, which are Search &
Selection, Staffing and HR Solutions.
While further streamlining its portfolio, Randstad also
exited Angola. On January 2, 2012 Randstad sold its
subsidiary Select Vedior Lda in Angola to its management.
Finally, Randstad completed the divestment of Yacht
Teccon's Aerospace business as of December 31, 2011. This
transaction was announced in a press release on November 8,
2011.
These transactions do not have any material impact on the
results or financial position of the Randstad Group.
Randstad specializes in solutions in the field of flexible
work and human resources services. Our services range from
regular temporary staffing and permanent placement to
inhouse, professionals, search & selection, and HR Solutions.
Randstad is one of the leading HR services providers in the
world with top three positions in Argentina, Belgium &
Luxembourg, Canada, Chile, France, Germany, Greece, India,
Mexico, the Netherlands, Poland, Portugal, Spain,
Switzerland, the UK and the United States, as well as major
positions in Australia and Japan. End 2010 Randstad had
approximately 27,500 employees working from close to 4,200
branches and inhouse locations in 43 countries around the
world. Randstad generated a revenue of € 14.2 billion in
2010. Randstad was founded in 1960 and is headquartered in
Diemen, the Netherlands. Randstad Holding nv is listed on the
NYSE Euronext Amsterdam, where options for stocks in Randstad
are also traded. For more information see www.randstad.
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Randstad N.V. is the world's No. 1 of human resources services. Net sales break down by activity as follows:
- generalist staff placement outside the classic sectors (45.4%): primarily administrative, light industry, logistics staff, etc.;
- generalist staff placement from onsite agencies (25.3%): primarily for clients in the consumer goods, automotive, life sciences and other industries;
- specialized staff placement (23.8%): primarily high-level and experienced professionals in the fields of IT, engineering, business, health, etc. In addition, the group offers services for the permanent staff of its clients (outplacement services, reintegration and salary management);
- other (5.5%).
At the end of 2023, the group had 2,761 branches worldwide.
Net sales are distributed geographically as follows: the Netherlands (12.7%), the United States (18.8%), France (15.1%), Italy (8.5%), Germany (7.4%), Belgium (6%), Spain (5%), Australia (4.6%), the United Kingdom (4.3%), Japan (3.2%), Canada (2.3%), Switzerland (1.9%), India (1.5%), Portugal (1.3%), Poland (1.2%), Sweden (1.2%) and other (5%).