A press statement said the search and recruitment firm had taken the decision to deliver its mainland European services from Amsterdam and London offices, closing its Frankfurt and Düsseldorf offices. The group’s premium services for clients in Germany will be delivered by specialist international teams. 

The group promised “careful management of the service transition for its client base”.

The SR Group launched its first brand, Brewer Morris in 1987, and subsequently launched four further brands (Taylor Root, Frazer Jones, Carter Murray and Keller West), with offices across the UK and Europe, the Middle East, Asia, Australia and the US. As specialists in search and recruitment for tax, treasury, senior finance, legal, risk and compliance, marketing, sales, human resources and IT, the group supports a wide range of multinational and domestic clients with hiring into key corporate functions.

David Buckley, CEO of The SR Group, said: “Over the past few years, Germany has experienced significant disruption, and many key sectors have struggled to recover from the impact of widespread lockdowns, political turbulence, supply chain challenges and rising prices. The economic forecast remains uncertain, and it is the group’s conclusion that these trading conditions do not favour a traditional bricks and mortar model. 

“We have a proven track record of working with clients across Europe with an agile international team from other office locations, and we firmly believe we can deliver both value and service excellence through repositioning our European practice.

“It is inevitable that we have had to restructure in Germany as a result of this shift, so while we believe this is the right direction for our global business, it is not a decision we have made lightly. I am very grateful to our Düsseldorf and Frankfurt teams for their contribution to the business, and we are supporting them through this change. I am confident that we can continue to provide the highest level of service to our clients and candidates across the region.”

Andrew McRae, chair of The SR Group, said: “These are challenging times for businesses everywhere, but we are confident this move is the right way forward for the group. This decision protects the long-term health of the business and ensures that The SR Group’s specialist teams are well-positioned to deliver into the right markets and to continue to provide quality service to our clients.”

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