Adecco manages to acquire 82.6% of DIS by the close of the offer phase
In a significant move, the Adecco Group, a Fortune Global 500 company and the global leader in HR services, made a voluntary public offer to acquire DIS Deutscher Industrie Service AG in 2006. This opportunity was a huge one for DIS, its clients, and its employees, marking a major step forward in strengthening Adecco's professional services business.
The offer aimed to purchase outstanding shares from DIS shareholders to increase Adecco's ownership stake. The successful outcome of the offer resulted in Adecco gaining effective control over DIS, allowing it to integrate DIS’s industrial staffing services into its portfolio, thereby strengthening Adecco's position in the European temporary staffing market.
The offer secured approximately 82.6% of DIS AG's capital. Klaus J. Jacobs, Chairman and CEO of Adecco, commented on the successful conclusion of the transaction, stating that it represented a major step forward in strengthening Adecco's professional services business.
The Adecco Group, with over 33,000 employees and 6,600 offices in over 70 countries and territories, has a network that connects over 700,000 associates with business clients each day. For more detailed information about the company's operations, investors can contact the Corporate Investor Relations at [email protected] or Tel. +41 (0) 44 878 8925.
It is important to note that forward-looking statements in this release involve risks and uncertainties. Factors that could affect the company's forward-looking statements include global GDP trends, changes in regulation, intense competition, changes in the company's ability to attract and retain qualified personnel, and adverse developments in existing commercial relationships, disputes, or legal proceedings.
For a comprehensive understanding of the factors and risks associated with Adecco's business, please refer to the company's most recent Annual Report on Form 20-F and other reports filed with the United States Securities and Exchange Commission. The Adecco Group's Corporate Press Office can be reached at [email protected] and Tel. +41 (0) 44 878 8832.
This article serves as a general summary of the voluntary public offer by the Adecco Group for DIS Deutscher Industrie Service AG in 2006. For precise details, consulting contemporary press releases or financial reports from Adecco Group or DIS Deutscher Industrie Service AG from 2006 would be necessary. It is also important to remember that this is not an offer to acquire or sell any securities.
