The deal creates a combined talent solutions business with a turnover of 130m euros with 600 people in 22 countries.
Commenting on the acquisition, Charles-Henri Dumon, Founder and CEO of Morgan Philips said: “Hudson is a leading recruitment business with a strong track record of supporting employers and professionals across Europe. It brings best-in-class talent management consulting expertise to our established network of international offices. Our combined business will be better placed to offer customers an integrated range of headhunting, permanent and temporary recruitment and talent advisory services.”
The acquired businesses will continue to trade for the time being as Hudson in the UK, Denmark, Norway, Sweden, Czech Republic, Slovakia and Ukraine. In France, Spain and Poland, the group will trade as Morgan Philips Hudson Executive Search. There are no changes to the existing Morgan Philips Group brand portfolio in other countries.
Dumon also announced plans to create a specialist talent consulting business, Morgan Philips Hudson Talent Consulting in the UK, France, Spain and Poland. The new business will offer strategic talent consulting services to organisations going through transformation as well as leadership development, succession planning and executive coaching. It will continue to offer Hudson assessment tools, including the unique PULSE MINDSET™ measurement tool.
“By combining Hudson’s talent management expertise with Morgan Philip’s innovative high-tech recruitment approach we are able to offer organisations a wider range of relevant solutions to help them adapt and transform to the new world of work”, added Dumon.
The group also plans to roll out its innovative digital recruitment brands for middle management recruitment, Fyte and Fyte Now, offering video CV and talent matching across the newly acquired businesses.