TAKE Solutions buys UK’s WCI Consulting Group

15
Vote


Chennai-based TAKE Solutions today said it has acquired UK-headquartered WCI Consulting Group through its subsidiary, a move that will help the company establish its presence in the European region.

However, the value 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 chain management, establish a presence in Europe, the company said in a statement.
“WCI complements and strengthens our portfolio of offerings to the global life sciences customers,” TAKE Solutions President and CEO Ram Yeleswarapu said.

With global biopharmaceutical companies looking at improving productivity and ensuring compliance requirements, the acquisition gains more significance, he added.

The region was previously served remotely from other locations. TAKE Solutions had reported net sales of Rs 117.33 crore in the second quarter ended September 30, 2010.

WCI Consulting is a patient safety and compliance advisor to the life sciences industry.

“We are extremely bullish about this acquisition. WCI has in excess of 10 years of robust professional relationships across Europe and in the US,” Yeleswarapu said.

This plugs a major gap in TAKE Solutions’ global reach and opens up the European market for us, he added.

DBS Bank India facilitated the transaction.

Shares of TAKE Solutions closed at Rs 33.80 a piece, down 1.6 per cent on the Bombay Stock Exchange.
[Story Source] [Contest win Rs 1000-100,000 now]

This post was submitted by Mudit Agrawal.

Related Posts
Royal wedding: Bunting out across UK for parties

Royal wedding: Bunting out across UK for parties

Royal wedding: Bunting out across UK for parties Royal wedding watchers across the UK are hanging out the bunting as more than 5,000 street parties are held. PM David Cameron will attend a party...
Face of Jesus appears on tea towel owned by Roisin McCourt

Face of Jesus appears on tea towel owned by Roisin McCourt

It's well known that cleanliness is up there next to Godliness, but Roisin McCourt wasn't expecting Jesus to pop out of her washing machine load. Dance teacher Ms McCourt was shocked when she saw the ...
iPods could be powered by your heartbeat thanks to nanogenerators  | Metro.co.uk

iPods could be powered by your heartbeat thanks to nanogenerators | Metro.co.uk

The nanogenerator has already been used to power LCD displays and transmit radio signals but it is thought that we could soon be listening to our favourite songs without an AA battery or charger...
UK slaps visa curb on students from India

UK slaps visa curb on students from India

London, Feb 7: This could be one piece of bad news for Indians planning to go to the UK for educational purposes. Britain in a surprise move plans to abolish visas to Indians and other non-EU students...
Immigrants must know reasonable standard of English: Cameron

Immigrants must know reasonable standard of English: Cameron

London, Feb 3 (PTI) Britain is planning to introducetougher rules to ensure that immigrants specially from theIndian sub-continent have a "reasonable standard" of English,Prime Minister David Cameron ...
Playstation 3 Hacked By Freedom Fighters

Playstation 3 Hacked By Freedom Fighters

A group of hackers penetrate the Sony console's considerable security for the good of all geek-kind.It's been news for the last couple of days that a handful of Hans Gruber-like baby-geniuses have suc...

Leave a Reply

 
We will keep You Updated...
Get Free Email Newsletter from VoteUpIndia Sign up for our free email newsletter. (Help?)
Read latest headlines in your favorite news reader
Follow VoteUpIndia  on Twitter Become a VoteUpIndia Fan on Facebook Subscribe to VoteUpIndia in Google Reader Add VoteUpIndia  to My Yahoo Add VoteUpIndia  to Netvibes Subscribe to Free Techie Buzz RSS Feed
Sponsored Links
Advertisements
Featured Video
Amazon
Best Storytellers
Powered by Authors Widget
Recent Posts

McDonald's Suspends Employee, Probes Child's Eviction From Pune Outlet

PUNE: After reports emerged that an eight-year-old destitute child was thrown out of an outlet of...

Why Arjun Made a Humble Request to Cast Sonakshi in Tevar

It's all about wearing your Tevar, this new year. Arjun Kapoor looked dapper at the initial promotions...

5 things Modi needs to do ASAP, after Bihar loss

It's not correct to transpose the outcome from a state election as a referendum on the central government,...

Sehwag's half century in All Star tournament.

The first match has been really special. We thoroughly enjoyed being here. New York, you were brilliant....

Bihar Defeat May Lead to Silent Rebellion in BJP Against PM, Amit Shah: Arun Shourie to NDTV

NEW DELHI: In the aftermath of the BJP's debacle in Bihar, Arun Shourie, one time admirer of Narendra...

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

New Delhi: The Delhi High Court has refused to stop a Gillette razor advertisement starring Deepika...

Bigg Boss 9: Roopal Tyagi voted out of the house

TV actor Roopal Tyagi was evicted from reality show Bigg Boss on Sunday’s episode. Roopal is the...
Recent Comments
How i can submit my story...? and where i can see the staus of votes for this?
IFFI lose its art value,so it became lose it commercial value
Dear sir I am sending an article which is based on true story and needs your help to lime light such incidents which never come in
Thanks for the interesting article. Great Post. Keep it up
It is indeed heartening to learn that LSE, the world leader in higher education, will join hands with the most admired Reliance Foun
Tag Cloud