Hewitt Associates Merges Services in Germany into a Single Entity
Jan 5, 2010
MUNICH, STUTTGART, WIESBADEN – Hewitt Associates, a global human resources consulting and outsourcing company, has announced that it has merged its operations in Germany into one legal entity, to be known as Hewitt Associates GmbH, with its head office in Munich. Hewitt Associates and BodeHewitt, a leading benefits consulting firm in Germany, had worked together in a joint venture for five years. Hewitt acquired the remaining interest in Bode Hewitt AG & Co KG in July of 2009. The newly merged entity came into operation on 1 January 2010 and will have three managing directors, Niels Rasmussen, Olaf Petersen and Georg Thurnes, and 230 associates working in Munich, Stuttgart and Wiesbaden. Niels Rasmussen, managing director of Hewitt Associates GmbH said: "We are delighted to bring both sides of our operations in Germany together in one entity and pleased that this final stage of the process has been accomplished so quickly. We regarded this move as the next logical step for the organisation after working successfully together since 2005. "We now have a clear focus with the combined company to broaden our existing capabilities into areas such as pension administration and investment consulting where we can make the best use of our knowledge and reputation within the German market and of Hewitt's global capabilities." Georg Thurnes, managing director of Hewitt Associates GmbH said: "We have grown and changed significantly over the last five years and we are proud of the progress that has been made. We are now well-placed to continue to provide the most informed and effective help to our clients – both German and international companies – and to meet the continuing growth in demand for our services." About Hewitt Associates Hewitt Associates(NYSE: HEW) provides leading organisations around the world with expert human resources consulting and outsourcing solutions to help them anticipate and solve their most complex benefits, talent, and related financial challenges. Hewitt works with companies to design, implement, communicate, and administer a wide range of human resources, retirement, investment management, health care, compensation, and talent management strategies. With a history of exceptional client service since 1940, Hewitt has offices in more than 30 countries and employs approximately 23,000 associates who are helping make the world a better place to work. For more information, please visitwww.hewitt.com Other Contacts Claire Maloney, Capital MS&L, 020 7307 5341 orclaire.maloney@capitalmsl.com
Colin Mayes, Hewitt Associates, +44 (0) 1372 733 689
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