Nestor, a Belgian temporary employment firm focused on over-fifties and pensioners, has taken over the Dutch-based employment agency 65plus from investment company Venturion. 

According to Nestor, with this acquisition, it becomes the largest intermediary for over-50s and pensioners in the Benelux (Belgium, Netherlands, Luxembourg) area.

Employment agency 65plus has been a labour market intermediary in the Dutch senior niche market since 1975. 65plus offers jobseekers the opportunity to continue working after reaching state pension age. 

"Together, the new combination is on its way to an annual turnover of €30 million," Nestor stated. "The ambition is to further expand the success story in Europe in the coming years."

"Nestor's mission is to demonstrate that there is no age limit to work," the company stated. "Nestor believes that senior employees play an important role in today's job market, which is becoming increasingly dynamic and tight. With the acquisition of uitzendbureau (employment agency) 65plus, employers gain access to the largest database in the Benelux with job-seeking seniors."

Mathieu Vandenhende & Nicolas Moerman, founders of Nestor, said, “We are extremely enthusiastic about the beautiful story that 65plus is writing in the Netherlands. 65plus has been a strong brand since 1975, with loyal customers and above all a top team. We think it's fantastic that we can help build this! We are therefore very much looking forward to continuing to grow with 65plus and to make a difference."  

Ingrid van der Wiel-Lingeman, general manager of Uitzendbureau 65plus, added, "Employment agency 65plus sees Nestor as the ideal partner to accelerate strong growth at a time when there is a great demand for experienced candidates. We are very excited to be part of Nestor's European growth ambition. Together we believe like no other in the unprecedented possibilities of this 'golden generation' for the Belgian and Dutch labour market."

Further financial details of the transaction were not disclosed.