ITALY - Consulting firms Mercer and Tesi have merged to create one of the country's largest human resources consultants.
The two companies said there were clear synergies to be benefited from in the merger, as the similar business models and values of the firms would be complementary.
Francesco Lamanda, market leader for Mercer in Italy, said the two companies knew each other's staff and corporate cultures well, which would also aid the merger: "This partnership with our Tesi colleagues will bring a strong bank of professional skills into our organisation.
"The merger will help us meet the increasing demand for more sophisticated services in the management of people. Growing trends include the drive to improve management cultures, increase the effectiveness of performance measurement, and draw on international best practices."
Roberto Protasoni, CEO, Tesi, said: "In the future, our consultants can call on Mercer's wide-ranging global expertise and intellectual capital including structured research and benchmarking data. They'll also have access to unlimited resources in serving the needs of our growing domestic and international client base," he added.
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