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ManpowerGroup Inc. (NYSE: MAN), the world’s third-largest staffing firm, agreed to acquire Workshop Holding AS, which owns Workshop Bemanning og Kompetanse AS, Norway’s largest recruitment specialist in the construction sector.
Terms of the deal were not disclosed. It is expected to close in April.
Workshop Bemanning will be incorporated into ManpowerGroup Norway’s Manpower brand. The combined entities will provide about 7,000 Manpower associates on assignment daily in Norway.
“Companies in the Norwegian construction industry sector are increasingly seeking flexible recruitment services, with national investments in infrastructure development and an ever-increasing need to refurbish public buildings,” said Maalfrid Brath, ManpowerGroup Norway managing director. “This acquisition will allow ManpowerGroup Norway to increase its market share within this industry sector, and is part of our long-term strategy to dominate this market.”