Straco acquires a majority shareholding in LPC next to the founders and management. Labour Power Company (LPC) is a fast-growing group in the Netherlands active in staffing international flex workers, specialised in the food, logistics, e-commerce and technical industries. Straco, a Belgian family investment firm focused on the long term, has a proven track record in the staffing sector and fully subscribes to the ambitious buy & build strategy of LPC.
LPC, consisting of seven independent staffing labels, realizes annual revenues of approximately 300 million euros. Over 10,000 people are employed on a daily basis via one of LPC's labels. With Straco on board, LPC is set to realize its growth ambitions through further acquisitions in the staffing sector, specifically targeting complementary companies that prioritize worker care and quality.
Flexible labour has become essential due to internationalization, aging populations, increased mobility, and higher educational attainment. LPC addresses this structural labour shortage by offering comprehensive services including HR advice, recruitment at home and abroad, brokerage functions, in-house solutions, and career development programs for workers facing labour market barriers.