Aegis Plans to Acquire BPO Firm In Africa!

Mumbai: Essar group’s BPO arm Aegis Ltd is looking to acquire a Business process outsourcing company in Africa.

Essar Global Chairman Shashi Ruia said in a press conference that Aegis is looking to acquire a BPO company in Africa; however they did not disclose the details.
Aegis BPO's Chief Executive Aparup Sengupta said that, they wanted to have their footprint in South Africa as it is one of the developing BPO market. He added that, the acquisition or assets purchased will be in the area of customer lifecycle management space.

Over the last three years, Aegis BPO has acquired 12 firms worldwide. Recently it has acquired an Australian BPO service provider, UCMS group which was bought for AUD 45 million last month.


Last year in October, Aegis BPO has acquired NASDAQ listed offshore BPO firm for 1,057 crore. This has enabled the Essar Group Company to add Philippines to its list of delivery locations.

The company had earlier said that in a press meet that, it had plans to acquire four BPO companies. The merger and acquisition team of Aegis at any point of time evaluates at least six targets. Therefore this time it is eyeing in an African BPO company.