21 Jan 2022

OTTO Work Force acquires axell employment

With the acquisition of Axell Employment, OTTO Work Force strengthens its strategic position in the international recruitment market in the Netherlands. Axell Employment specializes in logistics and technical positions. OTTO Work Force wants to significantly increase growth in these market segments with the arrival of Axell. An increase that will make it even more possible to offer hard-working foreign workers a dignified life in the Netherlands and will help Dutch companies even better in their fight against staff shortages.

Axell Power

Axell Employment is based in Tilburg and has 8 offices in Eastern Europe. The company employs 1,500 foreign workers in positions related to technology, production and logistics.

Axell Employment's strength is combining entrepreneurship and motivated and well-educated employees. This is why Axell invests heavily in recruiting and selecting employees from Eastern Europe.

In good hands

Henriëtte Timmermans, owner of Axell Group : "By selling the employment division, we will be able to fully focus on the core business of the Axell Group again. We are convinced that our people are in good hands at OTTO and we very much hope that they will contribute to the company's further growth."

Frank van Gool, CEO of OTTO Work Force: "Our company has grown by more than 30% in 2021 with a turnover of EUR 660 million and has the ambition to cross the billion mark by 2023. The acquisition of Axell Employment is an excellent boost for our further growth. We look forward to working with the folks at Axell to collectively serve our customers in the best way possible. Our company has grown by adhering to our family values and we see a natural fit with the way Axell Employment works."

Frank van Gool:

"Our company has grown by more than 30% in 2021 with a turnover of EUR 660 million and has the ambition to cross the billion mark by 2023. The acquisition of Axell Employment is an excellent boost for our further growth."

More information on this item

OTTO Work Force was founded in 2000 and has become the European market leader in international employment services. More than 27.000 international employees work via OTTO mainly in the Netherlands, Germany and Poland.

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