News - Gi Group acquires Grupo Norte and consolidates its presence in Spain
Gi Group acquires Grupo Norte and consolidates its presence in Spain
Thanks to this acquisition, our Group has become one of the top seven companies in Spain, enhancing our presence in this market, reaching areas like Asturias and the Basque Country.
Our Group, which launched in Spain in 2008, has reached this agreement as part of a phase of substantial growth in the country, where we already operate through four brands – GI Group, Wyser, GI BPO, and Tack TMI – recording a turnover in 2019 of €130 million.
Founded in 1972, Grupo Norte was one of Spain’s top employment agencies. Over the years, it became a company that specialises in providing a number of HR services, and today it has around 1,700 business customers and its turnover in 2019 was around €70 million.
Stefano Colli-Lanzi, Gi Group’s CEO, said:
Founded in 1998, Gi Group began its internationalisation strategy in 2007. Today, we operate directly in 29 countries and in 57 others through our partnerships.