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Adecco

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Adecco S.A.
Company typeSociété Anonyme (SIX: ADEN, Euronext: ADE)
IndustryRecruitment
Founded1996
HeadquartersOpfikon, Switzerland
Area served
Worldwide
Key people
Patrick De Maeseneire (CEO), Rolf Dörig (Chairman of the board)
ServicesEmployment agencies, human resources services
Revenue€14.80 billion (2009)[1]
€65 million (2009)[1]
€8 million (2009)[1]
Number of employees
28,510 (FTE, 2009)[1]
Websitewww.adecco.com
Adecco headquarters in Opfikon, Switzerland

Adecco S.A. is a human resources company, based in Glattbrugg, Opfikon, Switzerland.[2] Adecco employs 500,000 temporary workers and contractors who are supplied to business clients, and has 28,000 employees (FTEs) and 5,500 offices in 60 countries and territories around the world. The company was formed in 1996 as a result of the merger of the French company Ecco and the Swiss company Adia Interim.

History

  • 1996: Personnel services firms Ecco and Adia Interim merge to form a global company with annualised revenues of €5.4 billion. Operations are combined to form a network of 2,500 branches. The core staffing business consists of 250,000 staff situated with various companies.
  • 2000: Adecco acquires Olsten Staffing, becoming the largest recruitment company in the U.S. The merged company generates combined revenues of €17 billion.
  • 2002: Adecco consolidates its businesses under three names[clarification needed] and creates three divisions to manage its business.
  • 2005: Adecco expands across six professional business lines defined by occupational fields. Adecco now provides all services under one name.
  • 2006: Following the acquisition of DIS AG, Germany, Dieter Scheiff assumes the position of Chief Executive Officer, Adecco Group. Dominik de Daniel becomes Chief Financial Officer.
  • 2007: The annual shareholders' meeting approves the nomination of Jürgen Dormann, former Vice Chairman, as Chairman of the Board. Rolf Dörig becomes Vice-Chairman. Klaus J. Jacobs, the co-founder of Adecco, hands back his mandate, having reached the statutory retirement age.
  • 2009: Rolf Dörig replaces Dormann as Chairman.
  • 2009: Adecco acquires Spring Group.
  • 2010: Adecco acquires MPS Group for US$1.3 billion, but does not change the company names.[3]

Company data

  • Revenue (2009): €19.4 bn
  • Employees worldwide: about 28,000 full-time-equivalent employees (December 2009)

References

  1. ^ a b c d "Annual Report 2009". Adecco. Retrieved 2010-03-26.
  2. ^ "Global headquarters." Adecco. Retrieved on 12 November 2009.
  3. ^ Basch, Mark: [1] Florida Times-Union, October 21, 2009, "Jacksonville's MPS Group agrees to buyout by Swiss firm"
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