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Tech Mahindra acquires 70% stake in Perigord

15 Mar 2021 Evaluate

Tech Mahindra has acquired 70% stake in Perigord Asset Holdings (Perigord), a digital workflow and artwork, labelling and BPO services firm. This acquisition will help company to augment expertise in the global pharmaceutical, healthcare and life science (HLS) sectors.

The strategic partnership will strengthen the company’s position as a leading digital transformation enabler in the artwork and packaging services space with an integrated platform and services portfolio. Additionally, Tech Mahindra will leverage Perigord’s expertise and offerings to extend capabilities towards delivering efficiency and automation levers, across sectors including consumer-packaged goods (CPG), medical devices and over the counter (OTC) products to enable growth and scalability in the future. The acquisition is a part of company’s long-term growth plan to build presence across key markets in Ireland, Germany, USA, and India with enhanced global delivery.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.


Peers
Company Name CMP
TCS 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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