Mold Tek to acquire two US-based KPO firms

Mold-Tek Technologies LimitedHyderabad based Mold-Tek Technologies Limited has informed that it will acquire 100% stake in two engineering Knowledge Process Outsourcing (KPO) companies namely US-based RMM Global LLC and its associate company technet Engineering Services, Thane.

However, the company did not disclose the value of the deal.

Both the companies are involved in providing structural engineering KPO services to high rise buildings in USA with annual revenues pegged at $ 2 million.

This acquisition will more than double the capacity of the Mold-Tek`s knowledge process outsourcing services in the field of high rise buildings. The deal will increase company’s current total strength of resources of engineering KPO from 310 to 400 persons.

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