Adecco purchase

Adecco agrees deal to buy DNC

Multi-sector recruiter Adecco has agreed to buy Dutch recruitment firm DNC for 56m euros (£45.5m)

Adecco will pay 12.25 euros (£9.94) per share in a cash offer for DNC.

Erwin van Iersel, country manager for Adecco's Benelux region, said: "Adecco Netherlands together with DNC is a big step forward in realizing our ambition to become the market leader in professional staffing in The Netherlands. The strengths, competencies and shared ambitions of both organizations, while recognising the different company cultures, are key corner stones that will enable us to realize our goals over the coming years."

Koos de Vink, chief executive officer of DNC, said: "By combining the professional staffing activities of Adecco Netherlands with the current activities of DNC we will rapidly achieve our desired size as a specialized personnel service provider and will continue to work with the DNC label for the segments ICT, Finance, Legal and Information Management expanded with activities within Technical and Engineering."

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