Milan, 31st August 2020 – GI Group, Italy’s largest staffing multinational, after its recent launch in the United States and relaunch in Spain, has completed two more international acquisitions: Work Service, Poland’s biggest company specialising in HR services, and Kelly Services Brazil (KSB), the Brazilian arm of the American multinational listed company.

The Group, headed by Stefano Colli-Lanzi, already operated in Poland and Brazil under a number of its brands. These acquisitions are a continuation of its international expansion strategy and further consolidate its presence in these two key markets. This is also thanks to its historic results in 2019: 2.6 billion Euros in global turnover and EBITDA of 71.7 million Euros, an increase of 19.4% compared with 2018.

Stefano Colli-Lanzi, GI Group’s CEO, said “Both acquisitions were completed in August, just a few days after our launch into the United States, and they allow us to increase our global positioning and competitiveness. Acquiring a majority stake in Work Service allows us to consolidate our presence in Central Europe, where we already operate under the GI Group, Grafton and Wyser brands. The same is true for our acquisition of Kelly Services Brazil, the Brazilian staffing arm of the American multinational Kelly, which enhances our presence and allows us to consolidate in Brazil, the largest economy in South America. These acquisitions demonstrate that the Group is completely focused on the post-pandemic rebound. They are also in line with our medium-term objective of recording turnover of 6 billion Euros by 2023. I also believe that our role as labour intermediary, if performed correctly, can provide decisive impetus to recovery in the markets where we have a presence, responding to the needs of businesses and people”

GI Group is Europe’s 6th biggest staffing agency and among the top 20 staffing companies worldwide. Today, it operates directly in 29 countries and in 57 others through partnerships.