Global recruitment consultancy Antal International has signed a deal which will see its Poland operation run by a Polish stock exchange company following a £5.35m cash buyout.
In the second deal of its kind for the franchise, the buyout will see contract, RPO and personal outsourcing company, Work Service, take over the management of Antal International operations in Warsaw, Wroclaw and Krakow. Having set up the Antal International brand 20 years ago, CEO Tony Goodwin has been pivotal in the ongoing growth of the global network, with a similar deal in Russia secured five years ago.
The Polish operation will continue to trade under the same brand name and will have access to the global network of the Antal International Group.
Tony Goodwin commented on the buyout: “This deal really highlights the success we’ve had in building a sustainable, credible and indeed pioneering global recruitment consultancy. When I first got on a plane twenty years ago and flew out to Poland to set up a solid brand, it was with the intention of creating a sustainable, long-term company which is valuable to the local business and start-up community. This is testament to our success in what many would agree has been a tough economy.
“I’ve always been a team player and I have a great loyal and hard-working team in Graeme Read, Paul Russell, Steve Case and the whole of London HQ. The team on the ground in Poland has worked hard to create a very strong business under the watchful eye of managing director, Artur Skiba, who has been with us 13 years to the day. This is a landmark stage in the ongoing development of Antal International and I am both proud and delighted to be part of both this deal and the network as a whole.”
Artur Skiba added: “By joining Work Service we are diversifying the group portfolio within professional services of mid and high level staff recruitment, based on 17 years of experience and the in-depth specialisation of our consultants. I’m proud that we are joining such a dynamic and ambitious company with Polish origin. Together we will continue to build a strong Polish brand in the CEE Region.”