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Korn/Ferry International acquires Lore International Institute Inc

The global provider of talent management solutions, Korn/Ferry International, have signed an agreement to acquire 100% of the stock of Lore International Institute, Inc.
 
Lore is a provider of leadership development, executive education and coaching services. They are based in North America and Europe, and will become a subsidiary of Korn/Ferry International, becoming a part of the company’s Leadership and Talent Consulting business. The transaction is expected to finalised within the next 30 days.
 
Terry Bacon, the Chairman and CEO of Lore, said: “We share the same vision as Korn/Ferry of helping clients maximize the potential of their talent.” He adds that:  “Korn/Ferry provides Lore with the global reach, customer access and investment capital that will allow us to serve clients even more effectively, and to grow our business exponentially.”
 
Ana Dutra, is the CEO of Korn/Ferry’s Leadership and Talent Consulting business. She said that: “Lore has built a unique and widely respected position in the leadership development market. We see immediate synergies and huge growth opportunities through the addition of Lore’s consultants and service offerings.” 

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