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French staffing firm DLSI SA (ALDSL:PAR) has made three acquisitions to boost its presence in the country and increase its client base, the recruiter reported on Monday. The three recruitment agencies have been acquired on 1 October and have combined revenues of €8.5 million.
Metrics of the deal were not published.
Two of the companies are based in South-eastern France in the Rhône-Alpes region, operating under the brand ATOM Emploi. The third company is known as MT Interim, located in St-Avold.
DLSI said the acquisitions strengthened its position in the region, taking the number of branches in France to over 70.
“These operations confirm the group's ambition to become a major player in the French interim and recruitment market,” said DLSI in a statement.
In August, the staffing company reported a slump in half-year revenue which was down -12.6% to €89.2 million due to a slowdown in temporary employment.
DLSI, ranked 17th largest French staffing firm and has a network of employment agencies located throughout France, Luxembourg, Poland, Switzerland and Germany. The firm provides temporary employees for its clients in a range of sectors, including insurance, banking, finance and real estate.