# Adecco Group to acquire AKKA Technologies for €2.0 billion

Adecco Group will acquire AKKA Technologies and combine it with Modis to create the global #2 in the engineering R&D market. The transaction has an enterprise value of €2.0 billion.

- Type: Acquisition
- Announced: 2021-07-28
- Value: $2.37B (2.00B EUR)
- Status: announced
- Products: engineering R&D services, smart industry solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [AKKA Technologies](https://endata.com/companies/18998.md) (target)
- [Adecco Group](https://endata.com/companies/56726.md) (acquirer)
- [Modis](https://endata.com/companies/56727.md) (target)

## Sources

- [adeccogroup.com](https://www.adeccogroup.com/our-group/media/press-releases/akka-technologies-and-modis), 2021-07-28: "Adecco Group to acquire AKKA Technologies and combine the business with Modis to create the global #2 in the engineering R&D market"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.