USG People on takeover trail

Temporary employment agency USG People booked an 18.4% increase in turnover last year, taking sales to €3.5bn. Net profit reached €110.9m, compared with €29.9m in 2005. ‘We have managed to increase our efficiency and solved a number of problems by taking over Solvus,’ said chairman Ron Icke.

The acquisition of Belgium’s Solvus in September 2005 allowed USG to boost its market share in a number of territories. The company is now looking at other potential takeovers, focusing on Germany.

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