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Vedior

Vedior N.V. was an international staffing services company providing flexible labour, based in Amsterdam, the Netherlands and, thus, contributes more than 60% of its revenue to the social benefits of its employees there. Vedior operates in most of Europe, North and South America, Australia and New Zealand, South Africa, Middle East and Asia. It has been a wholly owned part of Randstad Holding since the end of June 2008.

Vedior N.V.
Company typePrivate
IndustryRecruitment
Founded1998
HeadquartersAmsterdam, the Netherlands
Key people
  • Jacques van den Broek (Chairman of the management board)
  • Craig Johnson(Senior Editorial Director)
Revenue€ 7.660 billion (2006)
OwnerRandstad Holding
Number of employees
14,366
Websitewww.vedior.com

The company operated in 50 countries and provides professional and executive personnel in IT, accounting, healthcare, engineering, legal, and education. It also provided HR-related services such as vendor management, outplacement, training and business process outsourcing. Vedior operated under a number of separate brands.

History edit

Vedior was originally created as a spin-off from the Dutch retail and services company Vendex, following the acquisition of the French company Bis. In 1999 Vedior's application to purchase Select, a UK-based staffing company with operations in the USA and Australia, was approved by the European Commission. Post merger, Vedior became the fourth largest staffing company in the world.[citation needed] Former Select CEO Tony Martin subsequently became the new CEO. Zach Miles replaced Martin as CEO in 2004, and oversaw more than 20 company acquisitions. Tex Gunning joined the company as Miles' replacement in September 2007 having previously been Group Vice President for South East Asia and Australasia at Unilever. Gunning left the firm after its acquisition by Randstad in 2008.[citation needed]

On 3 December 2007, Vedior agreed in principle to be acquired by larger Dutch-listed rival Randstad for around €3.5 billion. The combined company would be second only to Adecco in the global recruitment business.<ref>Molenaar, Jeroen; van de Pol, Jurjen (3 December 2007). "Randstad Agrees to Buy Vedior for EU3.5 Billion". Bloomberg. Retrieved 3 December 2007.</ref> Randstad launched a formal offer valuing Vedior at €3.3 billion on 2 April 2008, with the takeover targeted to be completed in May.<ref>ten Wolde, Harro (2 April 2008). "Randstad launches $5.2 billion offer for Vedior". Reuters. Retrieved 2 April 2008.</ref> At the close of the offer period on 13 May, Randstad declared ownership of over 93% of Vedior's shares, facilitating the company's removal from the AEX index.[citation needed]

References edit

External links edit

  • Official website

vedior, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, october, 2014, lear. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Vedior news newspapers books scholar JSTOR October 2014 Learn how and when to remove this message Vedior N V was an international staffing services company providing flexible labour based in Amsterdam the Netherlands and thus contributes more than 60 of its revenue to the social benefits of its employees there Vedior operates in most of Europe North and South America Australia and New Zealand South Africa Middle East and Asia It has been a wholly owned part of Randstad Holding since the end of June 2008 Vedior N V Company typePrivateIndustryRecruitmentFounded1998HeadquartersAmsterdam the NetherlandsKey peopleJacques van den Broek Chairman of the management board Craig Johnson Senior Editorial Director Revenue 7 660 billion 2006 OwnerRandstad HoldingNumber of employees14 366Websitewww vedior com The company operated in 50 countries and provides professional and executive personnel in IT accounting healthcare engineering legal and education It also provided HR related services such as vendor management outplacement training and business process outsourcing Vedior operated under a number of separate brands History editVedior was originally created as a spin off from the Dutch retail and services company Vendex following the acquisition of the French company Bis In 1999 Vedior s application to purchase Select a UK based staffing company with operations in the USA and Australia was approved by the European Commission Post merger Vedior became the fourth largest staffing company in the world citation needed Former Select CEO Tony Martin subsequently became the new CEO Zach Miles replaced Martin as CEO in 2004 and oversaw more than 20 company acquisitions Tex Gunning joined the company as Miles replacement in September 2007 having previously been Group Vice President for South East Asia and Australasia at Unilever Gunning left the firm after its acquisition by Randstad in 2008 citation needed On 3 December 2007 Vedior agreed in principle to be acquired by larger Dutch listed rival Randstad for around 3 5 billion The combined company would be second only to Adecco in the global recruitment business lt ref gt Molenaar Jeroen van de Pol Jurjen 3 December 2007 Randstad Agrees to Buy Vedior for EU3 5 Billion Bloomberg Retrieved 3 December 2007 lt ref gt Randstad launched a formal offer valuing Vedior at 3 3 billion on 2 April 2008 with the takeover targeted to be completed in May lt ref gt ten Wolde Harro 2 April 2008 Randstad launches 5 2 billion offer for Vedior Reuters Retrieved 2 April 2008 lt ref gt At the close of the offer period on 13 May Randstad declared ownership of over 93 of Vedior s shares facilitating the company s removal from the AEX index citation needed References editExternal links editOfficial website Retrieved from https en wikipedia org w index php title Vedior amp oldid 1213415543, wikipedia, wiki, book, books, library,

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