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Products July 20, 2005
Towers Perrin Acquires German Consultant
July 20, 2005 (PLANSPONSOR.com) - Towers Perrin is
expanding its German operations with the acquisition of a
German pension consultant.
Reported by Fred Schneyer
A Towers Perrin news release said the company has acquired Rauser AG, which Towers Perrin said strengthens its position in a market for multinational companies and large local employers. The combined German operation will have more than 230 employees.
“By acquiring a leading provider of pension consulting services, we are significantly increasing our ability to assist companies with their HR strategies in Germany. Our clients have a growing need for internationally consistent HR strategies and standards,” said Mark Mactas, Towers Perrin’s Chairman and Chief Executive, in the news release.
Rauser AG is an employee benefit and retirement consultancy with headquarters in Reutlingen.