Tech Mahindra acquires majority stake in Perigord Asset Holdings SECTIONS Last Updated: Mar 15, 2021, 10:19 AM IST Share Synopsis This will strengthen the company’s presence in the artwork and packaging services space with an integrated platform and services portfolio. Getty Images NSE IT services firm Tech Mahindra said today that it has acquired a 70% stake in Perigord Asset Holdings, a digital workflow and artwork, labelling and BPO services firm. This acquisition will help Tech Mahindra to augment expertise in the global pharmaceutical, healthcare and life science (HLS) sectors. This will strengthen the company’s presence in the artwork and packaging services space with an integrated platform and services portfolio. The company will pay Euro 21 million for a 70% stake, and the balance 30% over the next four years at a valuation linked to the company’s financial performance. Dublin, Ireland headquartered Perigord had revenues of 19.5 million euros as of December 31, 2020 and 380 employees.