Press Release

Coopers Group AG strengthens position in recruiting industry by acquiring iET Group

Zurich 10/20/2023

Coopers Group AG ("Coopers"), a leading Swiss recruiting agency in professional and executive search, proudly announces the successful acquisition of Coopers iET AG Group, which is based in Zurich. This strategic acquisition emphasizes Coopers' commitment to expand their service portfolio and to further strengthen their presence in the Swiss market.

Through this merger, Coopers gains access to new talent pools and can support its clients even better in their recruitment processes. The long-standing expertise and local roots of the iET Group make it possible to address the specific needs of the Zurich job market with a more targeted approach. As owner-managed Swiss companies, Coopers and iET are the ideal partners, operating with joint values. They share the vision to understand specific needs of Swiss clients and candidates more precisely and thus to grow hand in hand with them.

Executive management of both companies are confident about this decision and are looking forward to a joint future. The previous owner and Managing Director of the iET Group, Christian Staubli, is stepping down from his positions - but will remain as an advisor and companion to Coopers. Commenting on this new development, Christian Staubli stated: " After more than 30 successful years in business, I have decided to retire from the operational side of the business. I am very pleased to have found a partner in Coopers who will sustainably run the companies I founded as I have envisioned it."

Christian BIEDERMANN , Managing Director of Coopers, explains: "This acquisition is an important step in our growth strategy and a milestone in our Coopers history. We are convinced that our joint efforts will generate an even higher added value for all our clients and candidates. We warmly welcome the employees of iET Group to the Coopers family and look forward to setting new standards in the industry together."

Employees of the iET Group will be integrated seamlessly into Coopers to ensure a smooth transition and continued support for all clients and candidates. Coopers thanks all parties involved for their support in this process and is fully convinced that this strategic alliance will create groundbreaking opportunities and value for all stakeholders.

For more information please contact:

Christian Biedermann

Managing Director

+41 41 632 43 50

christian.biedermann@coopers.ch

About Coopers Group AG:

Coopers Group AG is an agile Swiss recruiting agency specialized in the placement and contracting of specialists and executives within IT, Life Sciences, Engineering and Finance. The company was founded in 2010, is headquartered in Hergiswil and has subsidiaries in Basel, Bern, and Gland. Following the successful merger, Coopers has a total of 70 internal and more than 400 external employees. The consolidated total revenue amounts to over CHF 65 million (2022).

coopers.ch