Thursday, June 30, 2011

Yash Birla Group acquires 51% in Mansycom Consultants

Yash Birla conglomerate firm Diversified Group announced today that it has acquired 51% stake in Mansycom Consultants for an undisclosed amount.

"In an attempt to ensure a strong presence in the infrastructure sector, Yash Birla Group has acquired 51% control in knowledge process outsourcing (KPO) company Mansycom Consultants," Yash Birla Group said in a statement.

Mansycom Consultants specializes in 3D modeling technology for building information modeling virtual real estate projects, construction and infrastructure to maximize efficiency and profit.

"We are delighted to add to the experience of the consultants Mansycom of our offer ... With the acquisition of the company are going to utilize their capabilities to give our customers and maximum cost efficiency," said Yash Birla Group's Group Finance Director PVR Murthy.

Mansycom clientele includes construction and infrastructure companies like Ambuja Realty Group Panchshil, Indiabulls Real Estate, Hotel Neelam, Nish Developers, Unitech, OMAX, Infrastructure and was Vatika Group.
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