SEEK Ltd has further consolidated its position as the leader in online recruitment advertising in Australia and New Zealand, with the announcement today that it has acquired nzjobs.co.nz, New Zealandís second most popular employment website.
Announcing the acquisition, SEEK Executive Director Andrew Bassat said: ìWe are focused on building the single most significant marketplace for job seekers and recruitment advertisers in every location we operate in. Our goal is to make recruitment faster, easier and more effective.î
ìThe acquisition of NZ Jobs will really consolidate our competitive position in New Zealand. We plan to maintain our focus and grow rapidly in both Australia and New Zealand through a range of suitable means.î
The acquisition is SEEKís first since PBL joined its list of investors in August 2003.
SEEK Ltd publishes seek.com.au, Australiaís most frequently visited employment website. The site lists more than 50,000 vacancies and attracts over 1.1 million job seekers each month.
seek.co.nz was launched in August 1999 and is run by a subsidiary company, SEEK (NZ) Ltd, which is based in Auckland. It is now the number one employment website in New Zealand and was visited by more than one in 14 New Zealand workers in January, some 149,000 people. SEEK NZ also won the Netguide Best Employment Website Award in 2003, which is decided by popular votes cast by Internet users.
Andrew Bassat said that SEEK is working hard to ensure its business continues to grow strongly on both sides of the Tasman.
The nzjobs.co.nz website will merge with seek.co.nz on 1 May 2004. The sale price was not disclosed.
Seek ltd acquires NZJobs.co.nz
Online employment leader expanding on both sides of Tasman