Tech Mahindra to acquire 70% stake in Perigord
Mahindra Engineering Services (Europe). Perigord specializes in end to end, packaging supply chain solutions to the Life Sciences Industry such as Packaging Artwork & Labelling Services, Strategic Consultancy, Creative and Digital, Strategic Outsourcing, Managed Services and Software Solutions. Tech Mahindra will acquire the Indian subsidiary of Perigord namely Perigord Data Solutions India and Perigord Premedia (India). Mahindra Engineering Services (Europe) will acquire the other legal entities of Perigord. The transaction entails payment of Euro 21 million upfront for 70% shares and bal...
Source: business-standard.com