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24/06/2010Mercer to acquire ORC Worldwide

The acquisition will create an unparalleled provider of human resource information.

Mercer has signed an agreement to acquire ORC Worldwide, to become an unparalleled provider of global human resource intelligence and to further strengthen related international consulting, conference and educational services. Both firms have a significant global presence. ORC’s strong market position and reputation in the United States, particularly in the area of international assignment expertise, complements Mercer’s worldwide research capabilities and extensive global network of offices.
 
The transaction is expected to close in the third quarter of 2010. Terms of the agreement were not disclosed.
 
Both Mercer and ORC are known for their leadership in employee mobility information and related administrative applications, international talent management consulting, and extensive compensation and workforce data. In addition to its SIRS® compensation surveys, ORC is well regarded for its global peer networking services, educational seminars and conference services which include 35 peer networks that allow senior HR and health, safety and environmental professionals to share best practices.
 
“Clearly, this combination will further enhance Mercer’s market position as the provider of choice for solutions around global workforce management,” said M. Michele Burns, Chairman and Chief Executive Officer of Mercer. “ORC’s solid US reputation and capabilities complement those of Mercer, and together we have strong positions in the United States, Canada, Europe, Latin America and Asia Pacific. The joint venture in Japan, YORC, adds further strength to our business in this market. This transaction demonstrates Mercer’s commitment to invest in businesses that provide long-term strategic growth and to enhance high-quality services that benefit clients.”
 
As a combined organisation specialising in human resource information and related consulting, Mercer and ORC will serve more than half of the companies in the S&P 500, the FTSE 100 and the FT Global 500, and more than one-third of the DJ Global 1800 as well as many midsize firms, non-governmental organisations and non-profit institutions.

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