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278:. Post merger, Vedior became the fourth largest staffing company in the world. Former Select CEO Tony Martin subsequently became the new CEO. Zach Miles replaced Martin as CEO in 2004, and oversaw more than 20 company acquisitions. Tex Gunning joined the company as Miles' replacement in September 2007 having previously been Group Vice President for South East Asia and Australasia at
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in the global recruitment business. Randstad launched a formal offer valuing Vedior at €3.3 billion on 2 April 2008, with the takeover targeted to be completed in May. At the close of the offer period on 13 May, Randstad declared ownership of over 93% of Vedior's shares, facilitating the company's
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The company operated in 50 countries and provides professional and executive personnel in IT, accounting, healthcare, engineering, legal, and education. It also provided HR-related services such as vendor management, outplacement, training and business process outsourcing. Vedior operated under a
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Vedior was originally created as a spin-off from the Dutch retail and services company Vendex, following the acquisition of the French company Bis. In 1999 Vedior's application to purchase Select, a UK-based staffing company with operations in the USA and
Australia, was approved by the
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and, thus, contributes more than 60% of its revenue to the social benefits of its employees there. Vedior operates in most of Europe, North and South
America, Australia and New Zealand, South Africa, Middle East and Asia. It has been a wholly owned part of
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for around €3.5 billion. The combined company would be second only to
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317:"Randstad Agrees to Buy Vedior for EU3.5 Billion (Update7)"
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Molenaar, Jeroen; van de Pol, Jurjen (3 December 2007).
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398:Employment agencies of the Netherlands
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