SYNERGIE strengthens its presence in Germany with the acquisition of the RUNTIME Group
10 Mars 2023 - 7:00PM
SYNERGIE strengthens its presence in Germany with the acquisition
of the RUNTIME Group
Paris, 10 March 2023, 5.45pm
SYNERGIE strengthens its presence in
Germany with the acquisition of the Runtime Group
The SYNERGIE Group has signed an agreement to
acquire the RUNTIME Group. The transaction is subject to the
approval of the German competition authorities.
Founded in 1985, RUNTIME has developed
innovative sourcing solutions to meet the needs of a diversified
and long-established client base made up of both large accounts and
SMEs. The company is expected to generate a turnover of around €80
million this year with a network of 31 branches, mainly in the
northern and central regions of Germany.
SYNERGIE is already active in Germany since 2011
with its subsidiary SYNERGIE PERSONAL DEUTSCHLAND (founded in 1977)
which has successfully expanded its HR services in the dynamic
southern regions of the country.
Benefiting from the highly complementary nature
of their respective networks and areas of expertise, the new
combination will have a strong domestic presence of nearly 65
branches covering the whole of Germany.
With this acquisition SYNERGIE accelerates its
development in the second largest European market and aims in 2023
for a turnover of €140 million in Germany. It is in line with the
group's strategy to support its clients in their international
development and to enable them to benefit from all the expertise
and services of its global human resources management offer in the
17 countries where the Group is present.
Next event:
Full-year results 2022 on 4 April 2023 after
market close
- COMFI-Communique-Mars2023-EN (1)
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