Engineering Staffing Report: Dec. 22, 2016

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French firm Assystem buys UK-based Edison Recruitment

Assystem SA, a France-based engineering and consultancy company, has acquired a 100% stake in Edison Technical Recruitment Limited, a UK-based engineering recruitment agency focused on electronics, electrical systems and software engineering within the automotive sector.

According to Assystem, the transaction will enable the company to strengthen its recruitment agency business and also the other automotive activities of Assystem Global Product Solutions in the UK.

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.

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

No further financial details of the transaction were disclosed.