Randstad’s tender offer for all issued and outstanding shares of Japanese HR services firm FujiStaff has been successfully completed, the Dutch recruitment giant has announced.

During the acceptance period, which ended yesterday, a total of 606,526 shares have been tendered for acceptance under the offer. This includes previously held shares by the founding shareholders as well as by Randstad, representing a 95.1% stake in FujiStaff. Consequently, Randstad has declared the offer unconditional.

The payment of ¥27,500 (£211) per tendered share takes place on 20 October, while Randstad will then pursue a ‘squeeze out’ following Jasdaq Stock Exchange regulation, aiming for full ownership and delisting of FujiStaff in Q1 2011.

Ben Noteboom, chief executive Randstad, says: “We see the result of this tender offer as a vote of confidence for our ambitions in Japan.

“We are pleased that the FujiStaff companies will be part of the Randstad Group soon. We warmly welcome these dedicated and competent new colleagues.”