Gilde Equity

Oberhausen, 23 November 2017 – Actief Group, one of the fastest growing independent staffing companies in Western Europe, today announces the acquisition of AB Zeitpersonal, an Oberhausen based regional temporary employment company with strong presence in the Western and Central part of Germany. For Actief Group this is the third acquisition in Germany, after ISU Group in 2015 and TimeCraft in 2017. The acquisition of AB Zeitpersonal enables Actief Group to strengthen its German footprint and to add a strong complementary company with a solid client base to its portfolio. After this transaction Actief Group will realize over EUR 600 million of sales spread across Belgium, Germany and the Netherlands.

Gilbert Sydow, founder of AB Zeitpersonal, is enthusiastic about the partnership with Actief: “After 30 years of successfully developing and expanding AB Zeitpersonal into a personnel service provider renowned for its quality and long-standing partnerships with reputable companies in various industries such as automotive, retail, chemicals, food and logistics, I’m glad to have found a partner who shares the same values as we do. Actief’s strategy to focus on SMEs, entrepreneurship and local-for-local approach is very similar to the way we have built our company over the years. I’m confident that AB Zeitpersonal will continue its successful growth path and I believe that the AB Zeitpersonal team, led by Mrs. Reckling, will do a great job in partnering with Actief to continue growth in the coming years”.

CEO Heiko Harms of Actief Personalmanagement on the transaction: “Since 2015, we are implementing an ambitious roll out program by opening new offices in order to realize our ambition of gaining national coverage in Germany. AB Zeitpersonal has a strong entrepreneurial culture and this fits very well with our organization. Moreover, from a geographical point of view the company is very complementary to Actief Personalmanagement: next to a higher density in our current regions we now expand our footprint to the North Rhine-Westphalia region as well. AB Zeitpersonal has an attractive client base and enjoys a strong reputation in the market. I look forward to further grow our German presence together with the AB Zeitpersonal team.”

Mark Maesen, CEO of Actief Group, complements: ”Over the past 25 years Actief Group has grown from a small local Belgian player to a successful international temporary staffing company. We now operate over 180 offices spread over three countries, fully focused at providing high quality temporary staffing services for small and medium sized enterprises. With two acquisitions in the Netherlands and now three in Germany (one in 2015 and two in 2017), we gained a strong position in the Dutch and German market. It is our aim to become a top 10 player in each of these countries and welcoming AB Zeitpersonal is a great step forward in this respect. We now realize close to EUR 200 million sales in Germany and I am confident that our German management can successfully expand the German presence over the coming years.”

About AB Zeitpersonal

AB Zeitpersonal is founded over 30 years ago and developed since then into a well-established, medium-sized temporary employment agency with 45 offices throughout the Central and Western part of Germany. Activities comprise general temporary staffing, personnel recruitment and on-site services. The company employs more than 2,100 temporary workers, both blue and white collars. Clients comprise renowned ‘German Mittelstand’ companies active in various sectors such as automotive, engineering, retail, chemicals, food and logistics. AB Zeitpersonal is headquartered in Oberhausen.

About Actief Personalmanagement

Actief Personalmanagement, formed by the acquisition of ISU Group (2015) and TimeCraft (2017), is an independent personnel service provider with strong regional presence in the Baden-Wuerttemberg, Thuringia,  Saxony, Hesse and Bavaria states. Over the years, Actief Personalmanagement grew both organically and through acquisitions to a group of 45 branches, active in a broad spectrum of sectors, ranging from highly qualified skilled workers for technical and industrial areas and commercial staff to qualified employees for production and logistics. Clients comprise renowned ‘German Mittelstand’ companies with whom longstanding relationships exist.

About Actief Group

Actief Group is one of the largest independent and fastest-growing staffing companies in Western Europe. Founded in 1988 in Lummen, over the past 25 years Actief established a leading position in Belgium, with a network of 67 offices realizing EUR 260 million of sales. Backed by its majority shareholder Gilde Equity Management Benelux, Actief Group tripled sales since 2011, with the first footsteps outside of Belgium with the acquisition of TiP (2014) and Tence (2015) in the Netherlands and ISU Group (2015) and TimeCraft (2017) in Germany. Actief delivers a professional link between supply and demand on the labor market and offers companies an optimal and flexible service in their search for personnel. The group now realizes over EUR 600 million in sales and operates through three brand names: Actief Interim in Belgium, Actief Werkt! in the Netherlands and Actief Personalmanagement in Germany.

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