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Press Release 25.11.2008 (09:00 am)

Management Buy-Out (MBO) in Capsil Oy

The current management team of Capsil Oy has acquired the company shares from Randstad Holding nv. This transaction creates a fully independent, Finnish company which focuses on producing specialized staffing and HR services.

Since 2005, Capsil has belonged to international Vedior Group which then was acquired by Randstad Group earlier this year.

After the MBO, Timo Lindberg, the current development director of Capsil, becomes the new managing director of the Company. The current managing director Petri Leipola becomes an active Chairman of the Board being responsible especially for customer relations.

“As an independent company, we will be able to operate more flexibly in the areas of outsourced sales and sales support functions in the future. This MBO will alloy us to react fast to changes in market conditions and customer needs. We believe that due to this transaction we will be able to create increased added value for our project customers.” says Petri Leipola, the Chairman of the Board.

Capsil Oy is an expert in outsourced sales services operating in the intersection of training and HR service industries. Capsil focuses on providing outsourced sales services for the pharmaceutical, healthcare and for the ICT industries by Profictia name. Capsil Oy is a reliable partner who offers tailored solutions to every sales function and enhances the sales processes with new and broad solutions together with its customers to make the services best suit their purpose. Capsil Oy was established in 2001, its net sales is about EUR 3 million and it employs tens of sales professionals.

Further information:

Petri Leipola, mobile + 358 (0) 44 723 3704

www.capsil.fi