0000950123-11-099239.txt : 20111117 0000950123-11-099239.hdr.sgml : 20111117 20111117085847 ACCESSION NUMBER: 0000950123-11-099239 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20111116 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111117 DATE AS OF CHANGE: 20111117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KELLY SERVICES INC CENTRAL INDEX KEY: 0000055135 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 381510762 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-01088 FILM NUMBER: 111211801 BUSINESS ADDRESS: STREET 1: 999 W BIG BEAVER RD CITY: TROY STATE: MI ZIP: 48084 BUSINESS PHONE: 2483624444 MAIL ADDRESS: STREET 1: 999 WEST BIG BEAVER RD CITY: TROY STATE: MI ZIP: 48084 8-K 1 c24811e8vk.htm FORM 8-K Form 8-K
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 16, 2011
KELLY SERVICES, INC.
(Exact name of registrant as specified in its charter)
         
DELAWARE   0-1088   38-1510762
         
(State or other jurisdiction
of incorporation) 		  (Commission File Number)   (IRS Employer Identification No.)
     
999 WEST BIG BEAVER ROAD,
TROY, MICHIGAN 		   
48084
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (248) 362-4444
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

Item 8.01.   Other Events
On November 16, 2011, Kelly Services, Inc. (“the Company”) announced that the Company has acquired Tradição Tecnologia e Serviços Ltda. (“Tradição”), a top national service provider in Brazil. The acquisition of Tradição, which includes 12 branch offices, is not expected to have a material impact on 2011 earnings from operations or cash flows. A copy of the press release is attached as exhibit 99.1 herein.
Item 9.01.   Financial Statements and Exhibits
(d) Exhibits
         
  99.1    
Press Release dated November 16, 2011.

 

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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
         
 
  KELLY SERVICES, INC.    
Date: November 17, 2011
        
 
        
 
  /s/ James M. Polehna
 
James M. Polehna
Vice President and
Assistant Secretary 		   

 

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EXHIBIT INDEX
         
Exhibit No.   Description
       
 
  99.1    
Press release dated November 16, 2011

 

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EX-99.1 2 c24811exv99w1.htm EXHIBIT 99.1 Exhibit 99.1
Exhibit 99.1
     
(KELLY)   (TRADICAO LOGO)
FOR IMMEDIATE RELEASE
Kelly Services® Expands into Latin America
Brazil Staffing Company Acquired
TROY, Mich. (November 16, 2011) — Kelly Services, Inc. (NASDAQ: KELYA, KELYB) today announced the acquisition of Tradição Tecnologia e Serviços Ltda, a top national service provider in Brazil. This acquisition strengthens Kelly’s presence in the Brazilian market, enabling the Company to address the increasingly complex talent needs of clients and multinational organizations with operations in Brazil.
Terms of the agreement were not disclosed. In addition to Tradição’s headquarter office in Sao Paulo, the acquisition includes 12 branch locations throughout Brazil. Besides traditional temporary staffing services, Tradição’s service offerings include permanent placement, executive search, and training. As a part of the transaction the founders, Pedro Caldas and Sergio Valentim, will remain on for a transition period, reporting to Sergio Gomez, Vice President and General Manager for Kelly Services operations in Latin America.
The acquisition underscores a successful relationship between both companies, and creates a stronger competitive position in Brazil, a pivotal BRIC country. Both Tradição and Kelly® were founded on strong traditions of integrity, quality, and professional excellence. In addition, each company shares a similar operating philosophy of offering a comprehensive array of global workforce solutions to customers while providing desirable jobs for employees.
-more-

 

 

 

Page Two
“This acquisition extends Kelly’s global reach in a very robust and emerging economic market,” said Michael Webster, Executive Vice President and General Manager, Americas, Kelly Services. “We look forward to providing clients with customized staffing and workforce solutions, and introducing our broad array of professional and technical service offerings to the Brazilian market.”
“Kelly’s experience and reach into professional and technical talent will provide employment options for degreed, experienced talent across a variety of industries, from science and IT to engineering and finance,” said Pedro Caldas.
“We are very excited to be joining the Kelly Services organization,” said Sergio Valentim. “Kelly’s reputation, industry experience, and breadth of service offerings enable us to better address the expanding talent needs of our customers.”
About Tradição
Tradição was founded in 1988 and is headquartered in São Paulo. For more than 20 years, the company has provided talent solutions such as temporary staffing, permanent placement, executive search, and training to companies throughout Brazil. Tradição is currently listed as a top national service provider in Brazil. Visit www.tradicao.com.br and connect with us on Facebook and Twitter.
-more-

 

 

 

Page Three
About Kelly Services
Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a leader in providing workforce solutions. Kelly offers a comprehensive array of outsourcing and consulting services as well as world-class staffing on a temporary, temporary-to-hire and direct-hire basis. Serving clients around the globe, Kelly provides employment to more than 530,000 employees annually. Revenue in 2010 was $5 billion. Visit www.kellyservices.com and connect with us on Facebook, LinkedIn, & Twitter.
#     #     #     #     #
Media and Analyst Contact:
     
Jane Stehney
  Carla Rebelo
Kelly Services, Inc.
  Tradicao
(248) 244-5630
  +55 11 3886-4354
Jane_stehney@kellyservices.com
  Carla.rebelo@tradicao.com.br

 

 

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