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Larsen & Toubro Infotech to acquire Nielsen+Partner, Germany

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Infotech announced that its subsidiary, Infotech GmbH, Germany, has signed a definitive agreement to acquire Unternehmensberater GmbH headquartered in Hamburg, along with its identified subsidiaries in Luxembourg, Switzerland, Thailand, and and branch office in

The acquisition is subject to customary closing conditions which are expected to get completed within 6 weeks.

Acquisition of will strengthen Company's capability making the Company one of the leading end-to-end players.

Integrating the target company's capabilities with the Company's existing capabilities will strengthen its position amongst implementation partners globally.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 14 2019. 10:12 IST
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