Tech Mahindra and Ahlstrom have today signed a letter of agreement at a ceremony in Helsinki, Finland regarding the services to be operated by Tech Mahindra. As a consequence, approximately 50 Ahlstrom IT employees globally are planned to move to Tech Mahindra under a business transfer agreement. The planned transfer is expected to take place on December 1, 2014, subject to country specific conditions.
Kristiina Lammila, Vice President, Information Solutions, Ahlstrom comments on the agreement: “This agreement marks a new phase in the management of our IT services. The arrangement will allow us to build more harmonized IT portfolio with a lower cost. In addition, it provides interesting career and professional development opportunities for the people being retained at Ahlstrom and for those being transferred to our alliance.”
At the signing ceremony Rajesh Chandiramani, Head of Enterprise Business - Continental Europe, Tech Mahindra said, “Finland is a very important and strategic market for Tech Mahindra. We are excited to work with Ahlstrom and be a part of their transformational journey. This agreement will also help us provide a wide array of future opportunities for the Ahlstrom IT professionals globally while helping us with enabling our innovative service offerings for the customers in the region.”
Tech Mahindra generates 31% of revenues from Europe. It boasts of presence in 20 countries and employees 2900+ professionals, enabling leading enterprises including KPN BASE, Volvo and UBS innovate and are future ready. Our near shore centers in Toulouse, Lund, Belgium among others help provide real-time expertise for strategic programs in the region.