News - Gi Group has a new international acquisition: Kelly Services Brazil

Gi Group has a new international acquisition: Kelly Services Brazil

We are pleased to announce another acquisition for our Group led by Stefano Colli-Lanzi, which further consolidates our central role in Brazil.​
Milan, 20/8/2020

Gi Group, one of the world’s top 20 staffing companies, has acquired Kelly Services Brazil (KSB), the Brazilian staffing operations of global workforce solutions provider Kelly Services. The transaction closed in mid-August and terms of the agreement were not disclosed.

Gi Group entered the Brazilian market in 2008 and, despite the difficulties the country is facing, is now consolidating its presence in Latin America by reinforcing our existing business lines: temporary and permanent staffing (GI Group), recruitment and selection (Wyser), trade marketing (C2C) and outsourcing (GI BPO).
Kelly Services Brasil is a seasoned and recognised company with more than 32 years of experience in Brazil. The company reported in 2019, revenue of R$134 million for its Brazil operations. With two offices in Rio de Janeiro and Sao Paolo, the company focuses on providing staffing solutions within the Retail, Life Science and Technology sectors.

Carlos Martins, CEO of Gi Group Brazil, said:

The acquisition reinforces our client portfolio, which already had many of the largest corporations in the country, and now we will start to serve other important national and multinational companies that operate in the Brazilian market, in different sectors,. With this acquisition, our Group significantly expands its operations in the Manufacturing, Services and Telecom segments, in addition to making a significant contribution to the Life Science and IT sectors.

Stefano Colli-Lanzi, GI Group’s CEO, said:

The acquisition of Kelly Services Brazil allows us to increase and consolidate our brand positioning in Brazil, the largest economy in South America and reinforces our role as a global player in the HR services. This operation comes a few weeks after our deal in the United States and shows how our Group is completely focused on managing the rebound phase. Moreover, it is completely in line with our medium-term objective of reaching €6 billion of turnover by 2023. We are mindful of the difficulties that the country is facing, but this is all the more reason why we believe that a well-structured HR company like Gi Group can give real impetus to recovery, responding to the needs of businesses and people.

Carlos Martins, CEO of Gi Group Brazil, said:

This transaction is a win-win for Kelly and Gi Group. Kelly will focus our efforts in Brazil on one of our specialties, which is our MSP product offered by KellyOCG, while Gi Group simultaneously strengthens its commitment to Brazil by purchasing Kelly’s well-established staffing operations in the country. Kelly and Gi Group have enjoyed a long-standing positive relationship, and we’re pleased to continue that partnership with Gi Group, becoming Kelly’s preferred supplier partner in Brazil.

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