SGF Global expands in Latin America with Adecco Uruguay acquisition

MONTEVIDEO, URUGUAY — Global human resources and staffing solutions provider SGF Global has announced its acquisition of Adecco Uruguay’s offices and operations, effective September 1st, 2024.
The merger strengthens SGF Global’s position in Latin America and marks a significant expansion in the Uruguayan market.
Expanding service offerings and client portfolio
With this acquisition, SGF Global gains complete control of Adecco Uruguay operations, incorporating a new portfolio of high-value clients and a team of skilled professionals.
The company will introduce previously unavailable services such as nearshoring and employer of record (EOR), alongside Adecco’s existing offerings like project management, recruitment process outsourcing (RPO), and corporate training.
“This acquisition is a testament to our commitment and investment in Latin America,” said Mauricio Sion, CEO of SGF Global.
“Bringing Adecco Uruguay into our global network shows our dedication to the region. It enhances our emphasis on nearshoring and EOR, designed to meet the globalization needs of our clients.”
🎉This acquisition strengthens our position as a leading HR service provider in Uruguay and across Latin America for over 30 years. We're excited to introduce new services in Uruguay, like Nearshoring and EOR, alongside Adecco’s and SGF Global existing offerings.#AdeccoUruguay pic.twitter.com/491eObiU5W
— SGF GLOBAL (@SGFGlobal) September 3, 2024
A leader in human resources
SGF Global has been a leader in the human resources industry for over three decades. The company operates in more than 30 countries, providing comprehensive human talent and staffing solutions. Known for delivering efficient, responsive, and innovative solutions, SGF Global maintains a commitment to quality, integrity, and reliability.
Adecco Uruguay, on the other hand, with over 20 years of experience, has been a key partner for numerous companies in Uruguay, helping them enhance their competitiveness through tailored talent solutions.
While specific revenue figures were not disclosed, SGF Global’s strategic acquisition of Adecco Uruguay demonstrates its commitment to growth and investment in the Latin American market.