Manpower Inc. to Acquire CRI Inc. to Strengthen U.S. Market Presence in Recruitment...
* Reuters is not responsible for the content in this press release.
Manpower Inc. to Acquire CRI Inc. to Strengthen U.S. Market Presence in
Recruitment Process Outsourcing
CRI Inc., a Leading Recruitment Process Outsourcing Service Provider, to
Operate Under the Manpower Business Solutions Service Line
MILWAUKEE, March 31 /PRNewswire-FirstCall/ -- Manpower Inc. (NYSE: MAN), a
world leader in the employment services industry, announced today that it has
entered into an agreement to acquire CRI Inc., a leading recruitment process
outsourcing (RPO) service provider headquartered in Los Angeles. CRI will
operate under the Manpower Business Solutions (MBS) service line within
Manpower North America.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060221/CGTU012LOGO)
"This acquisition of CRI is part of our strategy to strengthen our
presence in the rapidly growing RPO market. Our leadership in RPO allows us to
help our clients grow nationally, as well as globally, by providing them with
access to an experienced network of recruitment professionals who specializes
in recruiting key talent such as sales, IT, engineering and finance
professionals," said Jonas Prising, President of Manpower North America.
MBS is a global Manpower service line where the company takes on the
management of customized, large-scale recruiting and workforce-intensive
initiatives for clients, including managing a company's entire recruitment
process. Through MBS, Manpower currently delivers RPO solutions to clients in
over 20 countries worldwide.
"CRI is a great, strategic fit because both companies operate with a high
performance approach to obtaining business results and driving continuous
improvement," said Sheldon Schur, Vice President and General Manager of
Manpower Business Solutions in North America. "CRI also has a proven approach
for defining and delivering a high-touch candidate experience and branding
their clients as employers of choice -- a critical factor in today's market,
as companies fiercely compete for talent."
Founded in 1997 by Ladd and Julie Richland, CRI has grown quickly into a
premier RPO provider with a client base that includes Fortune 1000 and
emerging growth companies. Recently named Top RPO firm for the third
consecutive year by HRO Today magazine, CRI has earned a strong reputation for
its comprehensive and customized suite of recruiting and staffing solutions,
which can dramatically increase the quality of hires.
"Our clients have expressed increasing interest in multinational and
global RPO programs," said Ladd Richland, CRI co-founder and CEO. "With
Manpower's global network and established leadership position, we are excited
to have the opportunity to provide them with more robust RPO solutions."
About CRI Inc.
CRI (http://www.crihire.com) is a premier global Recruitment Process
Outsourcing (RPO) service provider dedicated to helping Fortune 1000 and
emerging growth companies build talent-driven organizations through
identifying, hiring and retaining exemplary staff.
About Manpower Inc.
Manpower Inc. (NYSE: MAN) is a world leader in the employment services
industry; creating and delivering services that enable its clients to win in
the changing world of work. Celebrating its 60th anniversary in 2008, the $21
billion company offers employers a range of services for the entire employment
and business cycle including permanent, temporary and contract recruitment;
employee assessment and selection; training; outplacement; outsourcing and
consulting. Manpower's worldwide network of 4,500 offices in 80 countries and
territories enables the company to meet the needs of its 400,000 clients per
year, including small and medium size enterprises in all industry sectors, as
well as the world's largest multinational corporations. The focus of
Manpower's work is on raising productivity through improved quality,
efficiency and cost-reduction across their total workforce, enabling clients
to concentrate on their core business activities. Manpower Inc. operates under
five brands: Manpower, Manpower Professional, Elan, Jefferson Wells and Right
Management. More information on Manpower Inc. is available at
http://www.manpower.com or http://www.us.manpower.com.
SOURCE Manpower Inc.
Paul Holley, +1-414-906-6453, mobile, +1-414-801-1070,
paul.holley@na.manpower.com, or Britt Zarling, +1-414-906-7272, mobile,
+1-414-526-3107, britt.zarling@manpower.com, both of Manpower Inc.
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters