Global staffing provider Randstad Holding nv announced plans to acquire France-based Ausy, an international consulting and engineering firm.

Randstad France will offer €55 per share to Ausy shareholders, which represents a premium of roughly 28% to Ausy’s closing share price last Friday.

Ausy generated revenues of €394 million (US$430.5 million) in 2015 and had more than 4,500 employees active in 10 countries, with most located in France, Germany, the US and Belgium. Ausy’s board unanimously supported the tender offer, and shareholders representing 40.3% of Ausy’s share capital have committed to tender their securities to the offer, according to Randstad.

“We are excited to welcome Ausy in the Randstad Group,” said Randstad CEO Jacques van den Broek. “Their IT and engineering capabilities are a great addition to our existing business in the various geographies. I am sure that this agreement will provide additional growth opportunities for all. We look forward to making this combination a success.”

The Ausy acquisition would add approximately 30% to Randstad’s Continental European professionals business, which currently only provides recruitment services.

The tender offer remains subject to approval from various regulatory authorities in both Europe and the US.