EU approves Adecco's takeover
29 August 2012
£457m for DIS
Swiss recruitment giant Adecco has obtained the go-ahead for its £457m takeover of German rival DIS.
The EU Commission has approved the deal without any conditions.
The deal reduces Adecco's dependence on the French market.
DIS chief executive Dieter Scheiff and chief financial officer Dominik de Daniel will assume the same roles in the merged company.
Adecco chairman Klaus Jacobs has also been acting as interim chief executive.
Adecco sales in the UK, where it owns the Office Angels brand, are more than £1bn. The firm has 6,600 offices in more than 70 countries. It employs 33,000 people.
