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ASSYSTEM : ASSYSTEM acquires Edison Technical Recruitment Limited

Montag, 28.11.2016 17:40

Paris, 28 November 2016, 5.35 p.m. - Assystem S.A. (ISIN code: FR0000074148 - ASY)

Assystem acquires Edison Technical Recruitment Limited

Assystem has acquired 100% of the shares of Edison Technical Recruitment Limited ("Edison") a company based in Birmingham, UK. Edison is a leading specialist engineering recruitment agency with a particular focus on electronics, electrical systems and software engineering within the automotive sector.

Edison offers both contract and permanent recruitment services to blue chip OEMs and Tier One suppliers in the UK, in areas such as R&D, product development, electrical/electronics engineering, chassis and powertrain engineering.

Edison currently provides circa 300 consultants within these sectors and benefits from a database of more than 6000 highly qualified candidates.

This acquisition will strengthen the recruitment agency business and also the other automotive activities of Assystem Global Product Solutions (GPS) in the UK, notably through Assystem's and Edison embedded relationships with strategic OEM and First Tier supplier clients.

John McAuley, founder of Edison will continue in his position as Managing Director of Edison, maintaining his client interfaces, and will join Assystem UK's team, helping to strengthen the automotive business.

About Assystem:
Assystem is an international group specialised in engineering. As a key participant in the industry for 50 years, Assystem supports its clients in developing their products and managing their capital expenditure throughout the product life cycle. Assystem employs some 12,200 people worldwide and generated €908 million in revenue in 2015. Assystem S.A. is listed on Euronext Paris.
For more information please visit - Follow Assystem on Twitter: @Assystem

Media relations                     Daniel Da Costa,
                (+33 (0)1 55 65 03 18)
Investor relations                   Agnès Villeret, Komodo,
(+33 (0)6 83 28 04 15)

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ASSYSTEM via Globenewswire