Randstad has announced that it will launch a cash tender offer to acquire French consulting and engineering firm Ausy in order to help broaden its’ IT and engineering capabilities.

The company stated that its’ unit Randstad France will offer €55 per share to Ausy shareholders, which represents roughly 28% premium to Ausy's closing share price on Friday.

The Board of Ausy have unanimously supported the tender offer and shareholders representing 40.3% of Ausy's share capital have committed to tender their securities to the offer, the company stated.

The tender offer remains subject to approval from various regulatory authorities, in Europe and the United States, for its part, indicated Randstad in a separate statement.