Groupe Adéquat (temporary work, recruitment and HR consulting / 2018 sales projection: €1 billion) makes 2 international investments in a few weeks by integrating the Irish recruitment consulting firm Sigmar Recruitment and the Canadian Totem into its brand portfolio! This double achievement is the starting point of a project to develop the Adequate Group in about ten countries over the next five years.
Groupe Adéquat confirms its international ambition by acquiring 2 brands in a few weeks with a strong reputation in their market: Sigmar Recruitment (Ireland) and Totem (Canada). These two operations mark the beginning of an important development phase for the Groupe, which claims to want to join the top 25 global companies by opening a dozen new countries within 5 years.
“The integration of Sigmar and Totem into the Groupe Adéquat’s brand portfolio is in line with our ambition for international development,” said Philippe Guichard, Chairman of the Management Board. “We have chosen to rely on brands that are established and legitimate in their markets to accelerate this development. In this sense, Sigmar and Totem were, for different reasons, ideal encounters,” he continues.
“Sigmar is a recognized brand in a new market with strong potential, with very good teams and with whom we share the values of simplicity and consideration for people,” adds Jérôme Rieux, General Manager. “Concerning Totem, it’s a great meeting that allows us to set foot on the American continent, which is obviously a medium-term objective! “, he continues.
“The management teams of both brands remain in place. Their knowledge of their markets as well as their numerous partnerships in different countries will enable us to envisage an ambitious international future,” says Arnaud Brun, Executive Vice President. “We will work alongside them to develop their brands and above all to find synergies between all our other activities,” he concludes.
The objective? Make Groupe Adéquat an international group offering a global offer on the human resources market that conveys a strong DNA and common values under the banner “Simplement pour vous”.
Why these investments for Groupe Adéquat ?
> To join the Top 25 of the world’s companies by opening in about ten new countries within 5 years.
> International growth strategy through the acquisition and development of strong, specialized brands with high profitability.
> Willingness to develop synergies between brands (through openings between countries or to new businesses).
> Maintain what has made the company’s strength: its style, attitude, values and develop this sense of belonging among Sigmar and Totem employees and future acquisitions.