Quess Corp has received an approval for acquisition of 100% equity stake in HCL Computing Products (HCL Computing). The Administrative Committee at its meeting held on January 31, 2017, has considered and approved for the same.
The acquisition will be completed on or before March 31, 2018. The consideration will be up to Rs 30 crore through a combination of primary and secondary payouts.
The acquisition will add a new service line and enable Quess’ entry in high growth break-fix market for consumer electronics and consumer durables.
Quess Corp is one of India’s leading integrated business services providers focused on emerging as the preferred partner for handling end-to-end business functions of its clients.
