Brunel creates a leading position in global renewable energy market with acquisition of fast-growing recruitment specialist Taylor Hopkinson
08 Dezember 2021 - 8:00AM
Brunel creates a leading position in global renewable energy market
with acquisition of fast-growing recruitment specialist Taylor
Hopkinson
Amsterdam, 8 December 2021- Brunel International N.V. (Brunel;
BRNL), a global provider of flexible workforce solutions and
expertise, today announces the acquisition of 72% of the shares of
Taylor Hopkinson, a specialist recruitment partner for the
Renewable Energy sector.
The acquisition supports Brunel’s strategic
direction to be the leader in specific segments of the
international professional labour market. Taylor Hopkinson expects
to achieve a revenue of over EUR 50 million in 2021, a growth of
more than 60% year on year. With this impressive history of growth,
the acquisition of Taylor Hopkinson will be a great accelerator to
Brunel’s position in Renewable Energy. The (prorated) enterprise
value of the company is EUR 32 million. Brunel has an option to
acquire the remaining shares after three years.
Glasgow-based Taylor Hopkinson was founded by
Tom Hopkinson in 2009. It has grown organically to become the
biggest pure-play renewable energy team in the world. Today it
operates through 7 international offices on 3 continents. A trusted
recruitment partner to renewable energy leaders, Taylor Hopkinson
delivers permanent and contract recruitment solutions, retained
search and business intelligence solutions to enable its clients to
develop, finance, construct and operate renewable energy projects
globally. Its multi-lingual teams specialise in the wind (offshore
and onshore), solar and energy storage sectors, placing talent
across Europe & LATAM, APAC and North America. Founder and
Director Tom Hopkinson will continue to lead the business
forward.
Jilko Andringa, CEO of Brunel
International N.V.:“I’m very excited to announce our first
acquisition since we presented our updated strategy earlier this
year. Even more so considering the organization we are acquiring:
Taylor Hopkinson has a unique profile, brand and strong performance
in one of the most attractive, fast-growing technical industries.
Its founder Tom Hopkinson is a recognized field expert and leader
in the renewable industry. He is a driven, informed and yet a
down-to-earth entrepreneur who really knows what the key success
factor for his company is - ‘the Taylor Hopkinson colleagues that
make it happen’. Tom’s passion for his team aligns 100%
with our ‘passion for people’ value.
At our strategy update presented earlier this
year, we stated that Brunel is entering a next phase of development
in which we drive diversification, specialize deeper and build new
capabilities. Our goal in this phase is to create knowledge and
solution-leadership in chosen markets. The renewable energy market
fits strongly with our capabilities, our clients and our
contractors. The inevitable reductions in emissions of carbon
dioxide and the connected energy transition, will expand this
market enormously creating extra growth potential in the years to
come. Making the connection between Brunel and the unique Taylor
Hopkinson capabilities, while continuing to use its strong brand,
will position us clearly as the leader in this field.”
Tom Hopkinson, CEO of Taylor
Hopkinson:“The urgent need to transition to renewable
energy generation around the world is never more evident than it is
today. Accelerating demand for skilled and competent professionals
beyond current available specialists requires the transfer of
skills from aligned sectors in the coming years. Brunel’s network
of 12,000 specialists and record of accomplishment in professional
development and training, coupled with Taylor Hopkinson’s team,
networks and knowledge will deliver an unrivalled value proposition
to meet these challenges facing our clients. With a compliance
record that is unsurpassed alongside a truly global
footprint, we will be able to support the energy transition
wherever in the world our clients are today, and in the
future. We are looking forward to using our
joint expertise to set a new industry benchmark for outstanding
service delivery in renewable energy workforce solutions.”
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