Synergie Acquires Majority Stake in House of Flexwork in Switzerland
Synergie Group has signed an agreement to acquire a majority stake in the Swiss group House of Flexwork, according to a statement released Monday evening. The transaction is expected to be finalized in the first quarter of 2026.
Overview of House of Flexwork
Founded in 1998, House of Flexwork operates in the flexible employment sector in Switzerland under the brands Induserv, Hardworker, and Payroll House, the statement notes. The company offers temporary work, permanent placement, and payroll management services through a network of 7 agencies. According to the group, House of Flexwork is expected to generate a turnover of about 75 million Swiss francs, approximately 80 million euros, in 2025. The signing of the agreement does not lead to a transfer of control at this stage, the company specifies. The completion of the transaction remains subject to the fulfillment of all usual suspensive conditions.
Strategic Enhancement for Synergie in Switzerland
This acquisition aims to strengthen Synergie's existing positions in Switzerland, according to the statement. The combined network will benefit from a national presence, with complementary client portfolios geographically and in terms of expertise, the group indicates. The operation notably offers Synergie exposure to sectors described as resilient, such as the food industry, pharmaceuticals, and logistics. Both entities will be led by Andreas Eichenberger, the current CEO of House of Flexwork and president of the professional association Swiss Staffing, the statement clarifies.
Synergie's Strategic Expansion in Switzerland
With this acquisition, Synergie affirms its intention to accelerate its development in Switzerland, described as a strategic market at the heart of Europe. According to the group, this operation is part of its strategy to support its clients by offering its full range of human resources solutions in the 17 countries where it is present. The group plans to publish its annual turnover for 2025 on Wednesday, January 28, 2026, after the stock market closes, according to the communicated schedule.