Swiss staffing company Adecco Group AG (SWX:ADEN) is considering a possible sale of its technology consulting unit Akkodis (Akkodis Group Ltd.), according to people familiar with the matter. The Zurich-based company has been gauging potential buyer interest for the division, which was created through the purchase of AKKA Technologies SE, the people said. Adecco Group could opt to keep a stake in Akkodis in any sale, some of the people said.

Deliberations are ongoing and may not lead to a transaction, they said, asking not to be identified as the information is private. A representative for Adecco Group declined to comment. ?We do not believe a sale of Akkodis is necessary for the company, and a natural industry buyer is not directly visible for us,?

Konrad Zomer, an analyst at ABN Amro Oddo Bhf BV, wrote in a note. A private equity buyer could always be interested as it requires little invested capital, generates decent free cash flow, is profitable and can be levered up to an extent, the analyst said.