DLSI signs the merger-absorption agreement for its wholly owned subsidiary Tercio
The temporary employment group based in Forbach announced on 12 November 2026, after the close of trading, the signing of this merger agreement. The final completion of the transaction is expected no later than 31 December 2026 and remains subject to the conditions precedent set out in the agreement.
A merger-absorption aimed at simplifying the group's organisation
The agreement concerns the merger-absorption of Tercio by DLSI, which holds 100% of the share capital and voting rights of this subsidiary. According to the group, the transaction should allow the activity currently carried out by Tercio to be continued and developed, while simplifying the legal and administrative organisation of the whole.
DLSI brings together a network of more than 70 employment agencies in France, Luxembourg, Germany and Switzerland, and generated revenue of €214.3 million in 2025. The group has been listed on Euronext Growth in Paris since 2006.
A simplified procedure, without issuance or exchange of DLSI shares
Full ownership of the subsidiary makes it possible to use the simplified merger procedure. The transaction will therefore be carried out without any meeting of the general shareholders' meetings of DLSI or Tercio, and without issuance or exchange of DLSI shares.
It will also be carried out without the involvement of an independent expert, a merger auditor or a contribution auditor, in accordance with the applicable legal and regulatory provisions. From an accounting and tax standpoint, the merger will have retroactive effect as of 1 January 2026.
Filing with the Sarreguemines registry and upcoming legal publications
The merger agreement will be filed with the registry of the Sarreguemines Commercial Court. It will be published in the Bulletin officiel des annonces civiles et commerciales (BODACC) and the Bulletin des annonces légales obligatoires (BALO), as well as on DLSI's website.
All documents and information that must be made available will be provided under the applicable legal and regulatory conditions. The group's next financial appointment is set for 12 February 2027, after the close of trading, with the publication of fourth-quarter revenue.
