Bangalore, February 6, 2008: Adecco India, the Indian arm of the world’s largest HR
Services company and e20.4-billion human resource services major Adecco SA, today
announced the acquisition of Ajinkya, India’s leading blue-collar temping company. The
fist of its kind organized acquisition in this space allows Adecco a significant foothold in
the burgeoning market for blue collar temping in India and further consolidates its local
market leadership. Incidentally, Adecco globally is the market leader in the blue collar
temping market with majority of its revenues derived from it. Pune-based Ajinkya is a
niche staffing company focused on blue collar temping with over 150 reputed clients and
more than 4500 outsourced manpower on its’ payrolls.
Post merger, Ajinkya will become part of Adecco India and will operate as Adecco’s
Industrial Staffing Division headed by C R Kale (Founding Director of Ajinkya) as its
director. Adecco intends to grow tenfold from the current level to 40,000 blue-collar
temps over the next 2-3 years making it the market leader in this segment. Adecco
through its global network will also pursue actively the opportunity provided by the
acquisition to provide industrial workforce to automotive, constructions and oil & gas
companies across Europe & the Middle East.