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Randstad to sell Spanish unit

March 14 2008

Randstad Holding NV said today it secured a deal to sell its Spanish telemarketing business Unitono Servicios Externalizados to Avanza Externalización de Servicios. The business had 2007 revenue of approximately euro55 million (US$81.0 million). Terms of the deal were not announced.

Netherlands-based Randstad said Unitono operates contact center and is not a supplier of contact center personnel. Randstad said the move is in line with its policy to focus on its staffing business and the sale will not have material impact on its revenue or net income.

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