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Netherlands – Brunel acquires Australia-based SES Labour Solutions

06 September 2017

Dutch staffing firm Brunel International (BRNL: NL) announced the acquisition of SES Labour Solutions, a contingent workforce provider specialising in the Mining, Oil & Gas and Construction sectors throughout Australia.

Brunel stated that the acquisition supports its strategic direction to be the leader in specific segments of the international labour market.

Headquartered in Queensland, SES Labour Solutions comprises a team of industry professionals from the HR, mining and construction sectors. The company states that it has the industry knowledge, personnel and facilities to be able to directly screen, assess, test and train talent for clients. Directors Chris Salmon and Nathan Sharpe will continue to lead the business.

"We are excited to welcome SES to Brunel,” Jan Arie van Barneveld, CEO of Brunel International, said. “The relationship between Brunel and SES has been growing strong and we are enthusiastic to welcome them on-board. Together we will grow from strength to strength driving our growth and diversification strategy and offering a more complete portfolio of services."

"I'm happy to announce the sale of SES to Brunel,” Chris Salmon, Director of SES Labour Solutions, said. “We are proud of the business we have built to date and are very excited with the opportunity. The Brunel culture is a strong fit with SES. The humility & integrity in which Brunel approach business has made it a logical fit for both businesses. This acquisition allows us to further evolve as a business and add exceptional value add solutions for our partners."

SES has approximately 300 full time employees operating from its Stapylton and Darwin offices, generating AUD 35 million (USD 27.9 million) in revenues in the last 12 months up and until June 2017. Brunel will finance the transaction using its healthy cash position.

The companies did not disclose further financial details of the acquisition.