Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
The combined company will be fully owned by
the Ajilon Group in Australia, part of the professional services
business of global Swiss-based HR services and consulting group, Adecco
SA.
According to Nick Mescher, Group Managing Director for Ajilon
Australia, the merger will allow both companies to more easily
accelerate their planned growth strategies nationally, than through
organic expansion alone.
“The merger establishes us as a market leading national player in the
Business and ICT Services area with over 400 personnel.” Mr Mescher
said. “Our rationale for the merger is all about future expansion by
providing increased services and capability to our clients, and
creating additional opportunities for our people.”
“AeM Group clients have minimal overlap with our existing Ajilon
Consulting clients. As a result, all senior management and personnel in
both companies will play a key role in our future. Both companies will
continue to operate in parallel with their existing brand names for the
foreseeable future.”
Ian McFarlane, currently head of AeM, will immediately become Managing
Director of the combined consulting business and relocate to Sydney.
His move recognises that much of the companies’ future growth is likely
to come from clients with needs on the east coast.
“We are very pleased to be joining our company with Ajilon Consulting”
Mr McFarlane said. The companies have a strong cultural synergy, and
have built their businesses and reputations on strong client delivery.
Both are leading players in their markets with ambitions to grow.”
“I am also excited by the prospect this merger provides to leverage the
global reach of the Ajilon Group, giving us access to a range of
additional strategic capabilities for our clients.”
Bill Leropoulos, currently head of Ajilon Consulting, retains his
current responsibilities based in Melbourne and continues as a key
executive in the combined company.
David Bass
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