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Brunel International NV: Brunel acquires SES Labour Solutions, strengthening its position in Australia
Amsterdam, 5 September 2017
Brunel international N.V. today announces the acquisition of SES Labour Solutions, a contingent workforce provider specialising in the Mining, Oil & Gas and Construction sectors throughout Australia. The acquisition supports Brunel's strategic direction to be the leader in specific segments of the international labour market.
Established in 2011, SES Labour Solutions (SES) is comprised of a team of industry professionals from the HR, mining and construction sectors. SES has the industry knowledge, personnel and facilities to be able to directly screen, assess, test and train talent for clients. Directors Chris Salmon and Nathan Sharpe will continue to lead the business forward.
Jan Arie van Barneveld, CEO of Brunel International N.V. comments: "We are excited to welcome SES to Brunel. The relationship between Brunel and SES has been growing strong and we are enthusiastic to welcome them on-board. Together we will grow from strength to strength driving our growth and diversification strategy and offering a more complete portfolio of services."
Chris Salmon, Director of SES Labour Solutions, comments: "I'm happy to announce the sale of SES to Brunel. We are proud of the business we have built to date and are very excited with the opportunity. The Brunel culture is a strong fit with SES. The humility & integrity in which Brunel approach business has made it a logical fit for both businesses. This acquisition allows us to further evolve as a business and add exceptional value add solutions for our partners."
SES has approximately 300 FTE's operating from its Stapylton (QLD) and Darwin (NT) offices, generating AUD 35 million in revenues in the last 12 months up and until June 2017. Brunel will finance the transaction using its healthy cash position. Parties do not disclose further financial details of the acquisition.