- Adecco
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Adecco S.A. 
Type Société Anonyme Traded as SIX: ADEN, Euronext: ADE Industry Recruitment Founded 1996 Headquarters Glattbrugg, Switzerland Area served Worldwide Key people Patrick De Maeseneire (CEO), Rolf Dörig (Chairman) Services Employment agencies, human resources services Revenue €18.66 billion (2010)[1] Operating income €667 million (2010)[1] Profit €423 million (2010)[1] Total assets €8.879 billion (end 2010)[1] Total equity €3.567 billion (end 2010)[1] Employees 32,110 (FTE, end 2010)[1] Website www.adecco.com 
Adecco headquarters in Glattbrugg, Switzerland
Adecco S.A. is a human resources company, based in Glattbrugg near Zurich, Switzerland.[2] Adecco employs 700,000 temporary workers and contractors who are supplied to business clients, and has over 32,000 employees (FTEs) and 5,500 offices in 60 countries and territories around the world. The company was formed in 1996 as a result of the merger of the French company Ecco and the Swiss company Adia Interim.
Contents
History
- 1996: Personnel services firms Ecco and Adia Interim merge to form a global company with annualised revenues of €5.4 billion. Operations are combined to form a network of 2,500 branches. The core staffing business consists of 250,000 staff situated with various companies.
- 2000: Adecco acquires Olsten Staffing, becoming the largest recruitment company in the U.S. The merged company generates combined revenues of €17 billion.
- 2002: Adecco consolidates its businesses under three names[clarification needed] and creates three divisions to manage its business.
- 2005: Adecco expands across six professional business lines defined by occupational fields. Adecco now provides all services under one name.
- 2006: Following the acquisition of DIS AG, Germany, Dieter Scheiff assumes the position of Chief Executive Officer, Adecco Group. Dominik de Daniel becomes Chief Financial Officer.
- 2007: The annual shareholders' meeting approves the nomination of Jürgen Dormann, former Vice Chairman, as Chairman of the Board. Rolf Dörig becomes Vice-Chairman. Klaus J. Jacobs, the co-founder of Adecco, hands back his mandate, having reached the statutory retirement age.
- 2009: Rolf Dörig replaces Dormann as Chairman.
- 2009: Adecco acquires Spring Group.
- 2010: Adecco acquires MPS Group for US$1.3 billion, but does not change the company names.[3]
- 2010: Adecco set up a joint venture in Shanghai with Chinese HR services company Fesco. FESCO Adecco began operations on January 1, 2011.
Company data
- Revenue (2010): €18.7 bn
- Employees worldwide: about 32,000 full-time-equivalent employees (March 2011)
References
- ^ a b c d e f "Annual Report 2010". Adecco. http://ar.adecco.com/fileadmin/user_upload/redakteure/ar2010/pdf/Adecco_AR_10.pdf. Retrieved 1 April 2011.
- ^ "Global headquarters." Adecco. Retrieved on 12 November 2009.
- ^ Basch, Mark: [1] Florida Times-Union, October 21, 2009, "Jacksonville's MPS Group agrees to buyout by Swiss firm"
External links
Swiss Market Index companies of Switzerland ABB · Actelion · Adecco · Credit Suisse · Givaudan · Holcim · Julius Bär · Nestlé · Novartis · Richemont · Roche · SGS · Swatch Group · Swiss Re · Swisscom · Syngenta · Synthes · Transocean · UBS · Zurich Financial
Categories:- Companies listed on the SIX Swiss Exchange
- Companies listed on the Euronext exchanges
- Temporary employment agencies
- Companies of France
- Companies of Switzerland
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