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Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced that it hads acquired 70 percent stake in Perigord Asset Holdings Limited (Perigord), a digital workflow and artwork, labelling and BPO services firm. This acquisition will help Tech Mahindra augment expertise in the global pharmaceutical, healthcare and life science (HLS) sectors.
The strategic partnership will strengthen Tech Mahindras 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 Perigords 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 Tech Mahindras long-term growth plan to build a presence across key markets in Ireland, Germany, USA, and India with enhanced global delivery.
Vivek Agarwal, President BFSI, HLS and Corporate Development, Tech Mahindra,...