Baker McKenzie advised Gi Group Holding, a leading Italian multinational company in the employment services sector, in the acquisition of the European staffing business of Kelly Services Inc, a leading global specialty talent solutions provider, listed on the Nasdaq market of the New York Stock Exchange.
The transaction concerns the acquisition of Kelly's staffing business in 14 European jurisdictions and is expected to close in the first quarter of 2024, subject to receipt of required regulatory approvals and other customary closing conditions.
Baker McKenzie handled the transaction with a multijurisdictional team led by Corporate Partner Pietro Bernasconi, Counsels Alessandra Calabrese and Federica Longo, and Associates Margherita Pasi, Giacomo Lamperti and Emanuele Della Santa, Corporate Partner Phelim O'Doherty and Senior associate Oliver Feslier Holmes, supported by Associates Georgiana Andrews and Kirstie Trup from Baker McKenzie's London office.
Dario Dell'Osa, chief legal officer of Gi Group, and Sara Leone, legal counsel, coordinated and supported the assistance activities on behalf of Gi Group Holding, while Kelly was assisted by DLA Piper, with offices in New York and London.