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Netherlands – HeadFirst completes Myler acquisition

03 October 2018

Dutch staffing firm HeadFirst Source Group NV announced that it has completed the acquisition of Myler for €27 million.

Myler is based in the Netherlands and specialises in matchmaking, contract management and global sourcing, mainly in the IT sector. HeadFirst had announced its plans to acquire Myler in July 2018 with the group receiving approval for the acquisition from competition regulator Netherlands Authority for Consumers and Markets in August.

On 31 August 2018 Beryllium BV, a Dutch acquisition holding company with international investors, had acquired approximately 95% of the shares in HeadFirst Source Group NV. Meanwhile, the General Meeting of Shareholders approved the sale of HeadFirst Source Holding BV, the company in which the operational activities are housed, to Beryllium BV. The group aims to complete the sale in the fourth quarter of 2018.