Adecco buys France’s QAPA for initial consideration of 65 million euros By Reuters

0
7
© Reuters. FILE PHOTO: The logo of Swiss Adecco Group is seen at its headquarters in Zurich, Switzerland October 30, 2018. REUTERS/Arnd Wiegmann

ZURICH (Reuters) – Adecco (SIX:) Group is buying QAPA, France’s second-largestprovider of digital workforce solutions, for an initial consideration of 65 million euros ($77.2 million), the Swiss staffing group said on Tuesday.

QAPA had 45 million euros in turnover in the 12 months to the end of June 2021 and has around 60 employees. In 2020, revenues rose nearly 90% year-on-year “and are expected to continue to grow vigorously”, Adecco said.

($1 = 0.8422 euros)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.