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Vedior acquires UK interim management specialist

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Amsterdam, Monday, May 22, 2006

Vedior acquires UK interim management specialist


Vedior is pleased to announce that Albemarle Interim Management (“Albemarle”), its specialist interim management subsidiary, has acquired a 100% interest in Walker-Cox Ltd and its wholly-owned subsidiary, Food Manufacturing Consultancy Ltd, (“Walker-Cox” or “the Company”), one of the UK’s fastest growing interim management companies.

Walker-Cox is a well-known and highly respected interim management specialist providing experienced senior directors and executives to both the public and private sectors. Within the public sector, Walker-Cox is the Managing Partner of a consortium of 33 consultancy companies providing a wide range of services to the public sector under the ‘S-Cat’ procurement scheme. The Company’s private sector business encompasses a number of disciplines and sectors but has a particular focus on the science and food manufacturing markets. The Company also provides clients with a range of consultancy services and bespoke training specialists.

Being based in Solihull in the West Midlands, Walker-Cox provides a geographical complement to Albemarle which is headquartered in London.

Zach Miles, Vedior’s Chief Executive said, “The UK interim management sector has developed strongly over recent years. The addition of Walker-Cox to our portfolio of UK recruitment brands has strengthened our market position in interim management which, in future, should enable us to benefit more effectively from positive trends in this market.”

Founded in 1998, Walker Cox achieved unaudited annual sales for the year ended 31 December 2005 of £3.1 million (€4.5 million).

Walker-Cox’s existing management team will continue to develop the Company.

Notes to editors:

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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