Kinstellar Advises Adecco Group on Corporate Spin-off in Bulgaria

Kinstellar Advises Adecco Group on Corporate Spin-off in Bulgaria

Bulgaria
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kinstellar has advised The Adecco Group on the spin-off of its business in Bulgaria into two separate companies. As part of the process, which started in July 2017 and concluded in January 2018, the IT Outsourcing business, one of the Adecco’s key activities, moved into a new structure that will operate under the brand Modis Bulgaria.  

The Adecco Group is the world's leading provider of HR Services, including temporary staffing, permanent placement, career transition, and talent development, as well as outsourcing and consulting. In Bulgaria, Adecco will continue providing recruitment services and temporary workforce solutions.

The Kinstellar team consisted of Managing Associate Nina Tsifudina and Associate Vanya Evtimova.