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Field Fisher Waterhouse advises on Synergie acquisition

09 January 2006

FFW has advised Synergie Group in relation to its acquisition of British group Acorn, by acquiring 70% of its shares.

Synergie is a leading independent player in the human resource management industry with a presence in nine countries - Belgium, Italy, Spain, Portugal, Luxembourg, the Czech Republic, Slovakia, Canada and now the UK with this latest acquisition.

With 2005 revenues of €56 million and a network of 11 branches, Acorn covers all aspects of HR management.  It is the largest independent recruitment agency in Wales.

The acquisition is a major milestone for Synergie, which thus enters the UK market with a view to further expansion, including a proposed presence in London.

Partner and head of FFW’s French desk Marie-Caroline Frochot advised Synergie, together with Frenger International (Jean-Noël Mermet) and Mazars (David Herbinet). M&A Solicitors advised Acorn.
 
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