Thomas Cook’s arm completes acquisition with Randstad Lanka

27 Apr 2016 Evaluate

Quess Corp, a Subsidiary of Thomas Cook (India), has completed acquisition of Randstad Lanka from Randstad India. The acquisition was closed pursuant to the terms of a share purchase agreement that was entered on October 14, 2015.

This acquisition is expected to strengthen Quess' position as one of the leading providers of integrated business services. Post completion of this acquisition, Quess operates across eight countries with a strong presence in the Asia Pacific.

Randstad Lanka, Headquartered in Colombo, offers staffing and human resource solutions in Sri Lanka. The company services several clients, including Sri Lankan operations of several Fortune 500 clients.

Quess Corp is an integrated business services provider organized under 4 verticals namely, Global Technology Solutions, People & Services, Integrated Facilities Management and Industrial Asset Management. Quess, along with its subsidiaries, have more than 1, 18,000 employees (as of November 30, 2015), with operations across 8 countries.

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