News - Gi Group Holding acquires Encore Personnel

Gi Group Holding further expands its presence in the UK manufacturing sector through the acquisition of Encore Personnel

Encore Personnel, an ambitious and leading regional recruitment organisation, joins Gi Group Holding, one of the World's Leading HR companies.
Milan, Italy - 1st October 2022

Gi Group Holding, one of the world’s largest multinational staffing companies, and active in more than 100 countries across the globe, has concluded the acquisition of Encore Personnel, a well-established, UK-based recruitment company.

Active for more than 20 years, Encore operates through 11 branches plus 22 managed service sites, offering temporary and permanent recruitment solutions, to clients across the UK. 

“It was always my preference that should Encore be acquired it would be by a world-class recruitment leader in our sector, that shared our vision and cultural values, I am pleased to say this is very evident with Gi Group Holding.” says Pete Taylor, Managing Director of Encore Personnel. 

Commenting on the acquisition, Stefano Colli-Lanzi, CEO and President of the Gi Group says: “This latest acquisition allows us to consolidate our position as a leading provider of recruitment services to the UK’s driving, industrial, and manufacturing sectors. It will enable us to become even more competitive and in turn, strengthens our position as a global player in the recruitment sector.” 

“I’m very excited to welcome Encore Partners to the Gi Group Holding family,” says Paulo Canoa, CEO and UK & Ireland Country Manager, “there are big opportunities for us to achieve synergies and to deliver solutions that truly respond to the increasingly complex needs of the UK market.” 

About Gi Group Holding

Headquartered in Milan, and with over 6000 employees, Gi Group Holding is active in more than 100 countries, thanks to its direct presence and strategic partnerships. Through its key brands, the company provides a full and comprehensive suite of recruitment and HR solutions to more than 20,000 companies worldwide, generating revenues of €3.2 billion*, and making it both the 5th largest recruitment and HR Services company in Europe, and the 16th largest worldwide. 

Gi Group Holding is uniquely committed to the creation of social and economic value for both employers and candidates alike. Called “More than Work”, the Group’s aims are two-fold: firstly, to ensure that employees experience enjoyable and life-changing work environments; and secondly, to enable a sustainable, streamlined, and harmonious labour market for employers and employees alike—one that reflects the ever-changing needs of candidates and companies. gigroupholding.com 

* 2021 figures – all figures included in this document are preliminary, pending certification by external auditors 

About Encore Personnel

Encore Personnel is a multi-award-winning recruitment agency that has been recognised for its outstanding customer service and ambitious growth. Established in 2001 and employing more than 200 staff, the business grown to become a £94m turnover agency, providing temporary and permanent jobs to the industrial, driving, energy, engineering, manufacturing, managed services, and professional services sectors. Ranked as one of the fastest growth businesses in the UK (Sunday Times), it has been named in The London Stock Exchange Group’s prestigious ‘1,000 Companies to Inspire Britain’ twice over and has also been placed on Recruitment International’s Top 250. 

Advisors: 

M&A: Blackwood Capital Group 

Thomas Kardos,  
Managing Partner,  
Dir: +44 20 3096 6912;  
Mob: +44 7785 996320 

Email: thomas.kardos@blackwoodcapital.com 

Web: blackwoodcapital.com 

Legal: Endeavour Partnership 

Nik Tunley
 
Partner 
Dir: +44 1642 610351 
Mob: +44 7540 286102 

Email: N.Tunley@endeavour.law 

Web: endeavour.law 


Finance and Tax: Ryecroft Glenton
 

Andrew Cameron  
Director  
Dir: +44 191 239 0997  
Mob: +44 7712 581 271  

Email: andrewcameron@ryecroftglenton.com 

Web: ryecroftglenton.com 

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