Randstad takes over US rival Monster

Monster was founded in 1994 in the dot-com boom and in 1996 was the first job portal on the exchange.

R andstad swallows monster! The Dutch staffing company pays its own account for the contract, some 429 million US dollars (about 387 million euros), or 3.40 dollars per share in cash. The purchase price one is willing to finance through loans, is nearly 23 percent above the closing price of monsters of 8 August 2016th

“Jobs with a Future: Also safe on the job

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Monster will continue to be independent under its own brand in the market actively, it said in the statement. With the Monster acquisition and other smaller acquisitions, the annual revenue of Randstad will increase by around 2 billion euros. The Randtad Holding NV generated 2015 sales of 19.2 billion euros and a profit of 519 million euros. Randstad offers either temporary workers. The company also recruited in the sales order management.

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Monster in Germany

The career portal Monster from Weston in Massachusetts operates in several countries online portals, including Germany, Austria and Switzerland. A wider audience Monster became known through an elaborate TV Advertising 1999 US Football Final Super Bowl XXXIII. (With material of dpa.)