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Vedior Acquires Majority Interest in The Blomfield Group

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Amsterdam, Thursday, April 06, 2006

Vedior Acquires Majority Interest in The Blomfield Group


Vedior is pleased to announce it has acquired a further 52% interest in The Blomfield Group (“Blomfield” or “the Company”) bringing its total holding to 70%.

Blomfield is a leading recruitment services provider in the UK and Ireland specialising in the financial sector and providing executive search, advertised and contingency based permanent recruitment, contract and temporary staffing and outsourcing. The Company has a particularly strong presence in the City financial recruitment market. Blomfield comprises five subsidiaries, each with strong niche brands:

Joslin Rowe Associates (Permanent Recruitment)

Joslin Rowe Temporaries (Temporary and Contract Recruitment)

Firth Ross Martin (Executive Search)

JR Selection (Executive Front Office Recruitment)

Origin HR (Recruitment, Graduate and HR Outsourcing)


Zach Miles, Vedior’s Chief Executive said, “I am very pleased that our long-standing relationship with The Blomfield Group has culminated in this increased investment. The Company’s brands are very well respected and significantly extend our presence in the buoyant UK financial market.”

On 31 March 2006, Joslin Rowe was named "Best Accountancy/ Financial Recruitment Firm" at the prestigious UK Recruiter awards for an unprecedented second year running while Origin HR scooped the award for “Best Managed Service Provider” in a highly competitive category.

Vedior acquired its initial minority investment in Blomfield in May 2003, since which time the Company has experienced strong growth in both sales and profitability. Blomfield achieved unaudited annual sales to 31 December 2005 of £51.6 million (€75.5 million).

The acquisition of Blomfield completes the range of professional and executive recruitment services Vedior provides in the UK which also includes IT, healthcare, engineering, education, legal, teleservices, HR and interim management. The acquisition also strengthens Vedior’s global presence in the finance and accounting recruitment sector where we provide services in a number of international markets, notably the US, France , Netherlands, Australia and India.

Blomfield’s existing management team will continue to develop the Company. The outstanding 30% interest will remain with management.

Company Profile



Vedior is one of the world’s largest recruitment companies and is a full-service recruitment provider with a diversified portfolio of brands targeting a broad range of industry sectors.

From its global network of offices spanning Europe, North America, Australasia, Asia, South America and Africa, Vedior offers temporary and permanent recruitment as well as a number of complementary employment-related services such as outplacement, HR outsourcing, payrolling and training.

Vedior has a leading market position in the provision of professional/executive recruitment in sectors such as information technology, healthcare, accounting, engineering and education. We also have a significant global network providing administrative/secretarial and light industrial recruitment.

For further information, please contact:


Zach Miles, Chief Executive+31 (0)20 573 5609

Frits Vervoort, CFO

Jelle Miedema, Company Secretary

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