STOCKHOLM, Sweden, Sept. 2, 2002 (PRIMEZONE) -- WM-data today divested the staffing company Humanpro AB. The buyer is the international staffing group Vedior NV. WM-data will retain a 10% ownership interest in the operations.
Humanpro provides staffing and recruiting services in the fields of economy and administration. The company is represented in six locations in Sweden, has some 175 employees and annual sales of about SEK 90 M.
"We have been working during the past year to find a new owner for Humanpro who would be well-positioned to allow the company to reach its full potential. We are pleased that we can now carry out this transaction as it is allows WM-data to focus more on high-value-added services," said Rickard Petri, CFO in WM-data and responsible for the transaction.
Vedior NV is the world's third largest staffing group and in 2001 reported annual sales of EUR 6,766 M.
"Through this acquisition, Vedior has established an important position in the emerging Swedish staffing market and brings to 29 the number of international markets in which the Group operates. Humanpro will be able to take advantage of Vedior's specialist staffing expertise in order to develop a broader portfolio of specialist staffing services for the Swedish market," said Tony Martin, Chairman of Vedior NV.
WM-data's advisor in this transaction was Enskilda Securities.
For further information please contact:
Rickard Petri, CFO ,WM-data, +46 8-670 20 00, e-mail ripet@wmdata.com Jelle Miedema, Company Secretary, Vedior NV +31 (0)20 573 5609
WM-data is one of the Nordic area's leading IT companies. Group sales is amounted to about SEK 7,500 million, with approximately 7,000 employees. WM-data's business concept is to provide "customer benefit through a complete range of IT-related services." Accordingly, WM-data offers solutions in all areas of information technology.
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