WCI Consulting Group |
However, the quantity of the acquisition was not disclosed.
The acquisition of WCI Consulting will help TAKE Solutions, which has a strong domain expertise in life sciences and supply procession management, found a presence in Europe, the company thought in a statement.
"WCI complements and strengthens our portfolio of offerings to the total life sciences customers," TAKE Solutions President and first in command Ram Yeleswarapu thought.
With total biopharmaceutical companies looking by the side of humanizing productivity and ensuring compliance necessities, the acquisition gains more worth, he added.
The region was previously served at all from other locations. TAKE Solutions had reported get sales of Rs 117.33 crore in the flash quarter ended September 30, 2010.
WCI Consulting is a long-suffering safety and compliance advisor to the life sciences industry.
"We are tremendously bullish not far off from this acquisition. WCI has in glut of 10 years of robust licensed relationships across Europe and in the US," Yeleswarapu thought.
This plugs a major gap in TAKE Solutions' total extent and opens up the European marketplace in place of us, he added.
DBS Bank India facilitated the transaction.
Shares of TAKE Solutions congested by the side of Rs 33.80 a bit, down 1.6 apiece cent on the Bombay Stock Exchange.