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EU approves USG People/Randstad General Staffing Deal

EU approves USG People/Randstad General Staffing Deal

The European Commission has granted approval for the sale of the General Staffing activities of USG People in Spain, Italy, Austria, Switzerland, Luxembourg and Poland to Randstad . In April USG People announced its intention to sell these business units.

The sale of the General Staffing activities in the above countries marks another step in the implementation of the USG People strategy redesign of 2011. The strategy is based upon focusing on those markets where USG People can offer unique added value to its stakeholders and create sufficient mass to ensure a leading and profitable positioning throughout the cycle. USG People will focus its attention mainly on its existing leadership positions and target its investments at developing high-yield concepts such as the recently introduced USG Professionals brand. A more concentrated positioning will strengthen the organisation’s focus on its strategic objectives and ready it for future developments in the HR services market.

The legal transfer of the relevant business units to Randstad is expected to take place in late June 2013.

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