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History - 50 Years of Expansion and Growth | Adecco Group Corporate

 

History

The Adecco Group is the result of over 50 years’ expansion and growth by acquisitions around the world. The founding companies, Adia and Ecco, merged in 1996 to form the global leader.

Adecco

2015

September 1, 2015 Alain Dehaze takes over as Chief Executive Officer of the Adecco Group from Patrick De Maeseneire.

March 11, 2015. Adecco acquires Knightsbridge Human Capital Solutions. Knightsbridge is the market leader in Canada in career transition, talent and leadership development and recruitment services and was combined with Adecco subsidiary Lee Hecht Harrison, the global leader in career transition and talent mobility.


2014

Adecco acquires OnForce to expand its Beeline service offering, creating a unique integrated solution for managing contingent workforces.

The Jacobs Group sells the vast majority of its 18% stake in the Adecco Group.


2012

Adecco acquires VSN Inc., a leading provider of professional staffing services in Japan. The acquisition expands the professional staffing exposure in the world's second-largest staffing market.

Henri-Ferdinand Lavanchy, the founder of Adia, passes away.


2011

Adecco announces the acquisition of US-based Drake Beam Morin, Inc., taking the worldwide lead in career transition and talent development services.


2010

The acquisition of MPS Group is officially closed. With MPS's strength in North America and the UK, the Adecco Group also becomes world leader in professional staffing.

Adecco set up a joint venture in Shanghai with leading Chinese HR services company Fesco. FESCO Adecco began operations on January 1, 2011 with over 100,000 associates and a well-established local and multinational client base.


2009

January 1, 2009 Rolf Dörig starts as Chairman of the Board of Directors of the Adecco Group. June 1, 2009 Patrick De Maeseneire takes over as Chief Executive Officer of the Adecco Group from Dieter Scheiff.

Adecco acquires Spring Group in the UK, bolstering the Adecco Group's UK professional and general staffing business, and tables an offer for MPS Group.

2008

The strategy announced in 2006 moves into its second phase: development of professional staffing, with devolution of more operational responsibility to foster the businesses at country level.
September 11: Klaus J. Jacobs, founder and Honorary President of Adecco Group, passed away. Jürgen Dormann steps down at year end, as Chairman of the Board of Directors; he is succeeded by Rolf Dörig as of January 1, 2009.


2007

The annual General Meeting of Shareholders approves the nomination of Jürgen Dormann, former Vice- Chairman, as Chairman of the Board. Rolf Dörig becomes Vice-Chairman. Klaus J. Jacobs, the co-founder of Adecco, hands back his mandate.


2006

Adecco announces a dual strategy focused on professional and general staffing. Following the acquisition of DIS AG, Germany, Dieter Scheiff assumes the position of Chief Executive Officer, Adecco Group. Dominik de Daniel becomes Chief Financial Officer.


2005

After a strategy review, Adecco makes a commitment to expand through realignment across six professionalbusiness lines defined by occupational fields, complementing its office and industrial core business.


2002

Recognising the increasing demand for professional and expert services as well as the growing importance of attracting talent, Adecco consolidates its businesses under three leading names and creates three dedicated global divisions to deliver its services.


1997 - 2000

Following its takeover of TAD Resources International, Massachusetts, in 2000, Adecco acquires Olsten Staffing of Melville (NY) to become the no. 1 recruitment company in the US. That year, the merged Company generates combined revenues of over EUR 11.6 billion.


1996

Adia and Ecco merge to form Adecco. Two of the world's top three personnel services firms, with complementary geographical profiles, merge to form a strong global leader with annualised revenues of over EUR 5.4 billion. Operations are combined to form a global network of 2,500 branches. The new Company has an exceptional range and quality of services. The core staffing business places around 250,000 people in work each day.

Adia

Late 1980s

Sales topping USD 1 billion in 1986 make Adia the European leader. Its success is partly down to a focus on quality and high-value services. The 1990s see a growing trend towards specialised skills, e.g. accounting and word-processing, including in-house training programmes.

Ecco

1990s

Further acquisitions from the late 1980s onwards strengthen base in highly skilled, specialised fields. Also, a move into social programmes focused on more mature workers.
In 1991, recognising the importance of the industry's role in job creation and its growth potential, Klaus J. Jacobs invests in Adia en route to becoming majority shareholder.

1961 - 1980

In the 1960s, Adia opens offices in various European countries and then in 1972 takes a first step overseas, with a branch in Menlo, California. In 1974, Lavanchy recruits Martin O. Pestalozzi and a phase of expansion by acquisitions begins. In the next 12 years, Adia buys over 85 companies, tripling in size and gaining footholds in more than a dozen countries, including France (1975) and the UK (1977), where it buys the market leader: Alfred Marks Bureau Ltd.

Early 1980s

Further expansion overseas, including Australia, New Zealand, Japan, Hong Kong and Canada. Meanwhile, Ecco is focusing on its home market. By the mid-1980s, it is the market leader in France, a decade later world no. 2. The growth of both companies is part of a wider trend: temporary staffing becomes the world's third-fastest growing industry in the 1980s. Adia's Pestalozzi states in 1985: "We want balanced growth; we want to be known as the best, rather than the biggest in our markets."

1957

Adia SA is founded in Lausanne, Switzerland, by Henri Lavanchy. The firm grows rapidly in its home country before expanding abroad.

1964

Philippe Foriel-Destezet founded Ecco in Lyon. By the early 1980s, Ecco is France's largest supplier of temporary personnel.