Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 12-Jan-2001
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Heidrick & Struggles Acquires AMROP Finland
CHICAGO, Jan. 12 /PRNewswire/ -- Heidrick & Struggles International, Inc. (Nasdaq: HSII), the world's largest and premier executive search firm, today announced that it has finalized its acquisition of AMROP Finland, one of the largest executive search firms in Finland.
"The acquisition of AMROP Finland is a good move for us both in terms of business development and cultural fit and we are pleased to welcome them to the Heidrick & Struggles family," said Piers Marmion, Chief Operating Officer and President of the International segment of Heidrick & Struggles Executive Search. "Uniting our organizations clearly establishes us as the #1 executive search firm in Finland and strengthens our operations in some important emerging markets."
With headquarters in Helsinki, AMROP Finland also operates affiliate offices in Russia, Estonia and Latvia.
"For more than a decade, we have had tremendous respect for Heidrick & Struggles as a competitor," said AMROP Finland's Juha-Pekka Ahtikari, who will be the Office Managing Partner of Helsinki. "It is clear that we share a commitment to high quality executive search work for our clients. This is a good match that will strengthen both organizations."
About Heidrick & Struggles International, Inc. (HSI Group)
Heidrick & Struggles International, Inc. (HSI Group) is the world's largest and premier provider of executive-level search and consulting services. More than 1,000 Heidrick & Struggles professionals operate from offices in over 75 locations throughout North and South America, Europe, the Middle East, Africa and Asia Pacific. Our core business -- Heidrick & Struggles Executive Search -- has been an industry leader for nearly 50 years, specializing in chief executive, board member and senior level management assignments for a broad spectrum of clients: multi-national corporations, mid-cap and start-up companies, not-for-profit entities, educational institutions, foundations, associations and governmental units. We are expanding our range of complementary services to offer solutions to senior management teams for their human capital needs. LeadersOnline, our Internet-based recruiting business, serves clients who seek the next generation of corporate leaders. We are capitalizing on our access to the highest level of our clients' organizations through Heidrick & Struggles Ventures, our unit responsible for alliances and investments. For more information about HSI Group, visit our web site at www.heidrick.com . SOURCE Heidrick & Struggles International, Inc.
CONTACT: Media, Eric Sodorff, 312-496-1613, or esodorff@heidrick.com, or Analysts, Barry Hollingsworth, 312-496-1723, or bhollingsworth@heidrick.com, both of Heidrick & Struggles/