Morgan Philips Group has today announced it has entered into an agreement to acquire Hudson Global’s recruitment and talent management business in Europe (excluding Benelux), namely wholly owned or franchise operations in the UK, France, Spain, Denmark, Sweden, Norway, Poland, Czech Republic, Ukraine and Slovakia.
The planned acquisition, which is subject to Hudson Global shareholder approval, will create a combined business with a turnover of US$ 150 m (1 Billion RMB) with 600 employees in 20 countries.
Commenting on the planned acquisition, Charles-Henri Dumon, Morgan Philips Group CEO and founder said: “This is a step change acquisition for Morgan Philips that will allow us to broaden our business and service offering into new markets and enhance our ability to respond efficiently and quickly to our customers.”
Christine Raynaud, Morgan Philips Group CEO for Greater China commented:
“The extended network strategically complements our current operations in Europe, Africa and recently opened Mexico. Retaining and Hiring top talent is a key ingredient of successful global M&A and globalization. Our bi-culturalism, service offering and geographic network offer the best combination to help Greater China clients succeed with their international expansion plans.”
On 29 November 2017, Morgan Philips group received for the second consecutive year the Gold Award for cross-border recruitment at the “HR Vendors of the Year” in Hong Kong.
About Morgan Philips Group
Established in 2013, Morgan Philips Group has grown to be a major international recruitment business with offices in Europe, the USA, Latin America, the Middle East and Asia. It specialises in executive search, permanent and temporary recruitment, interim management, talent management and outplacement. Morgan Philips is particularly noted for its digital approach to executive search and recruitment with a number of online tools and applications, including video CVs and talent matching apps.
About Morgan Philips Group in Greater China
Morgan Philips Group invested in 博禹MRIC in 2015, an executive search company established in Greater China since 1998 as part of its expansion programme in Asia. Today, the group operates in Greater China with two brands, 博禹 Morgan Philips Executive Search (senior level executives) and 博禹 Fyte (middle level professionals and managers)
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