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Adecco completes acquisition of Spring Group plc and announces further acquisition of MPS Group, Inc.; Spring's Peter Searle takes reins as CEO of Adecco Group UK and Ireland.

Publication: M2 Presswire
Publication Date: 20-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-20 October 2009-Adecco: Adecco completes acquisition of Spring Group plc and announces further acquisition of MPS Group, Inc.; Spring's Peter Searle takes reins as CEO of Adecco Group UK and Ireland(C)1994-2009 M2 COMMUNICATIONS

RDATE:20102009

London -- Adecco Group UK & Ireland is delighted to today announce the successful acquisition of Spring Group plc, in a move that will see Spring's Peter Searle take control of Adecco's UK& Ireland businesses as Chief Executive Officerand participate in the Adecco Group's Executive Committee.

The deal, which follows a period of consultationin accordance with the Scheme of Arrangement procedure, since Adecco declared its initial interest in acquiring Spring Group plc on August 11th, will see the latter's resources redeployed under the Adecco banner, creating one of the largest forces in UK recruitment and staffing.

"This deal will see the best qualities of two very successful recruitment...

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