EXL Service will take over the operations of European logistics provider Schneider Logistics in the Czech Republic. The facility currently provides transaction processing services to Schneider and its clients in Europe and the US.
Analysts peg the transaction value at about US$3 million to 5 million.
“The Czech Republic presents significant growth potential enabling our clients to leverage the labour pool there to expand and diversify their outsourcing operations,” said Rohit Kapoor, EXL’s president and CEO.
Schneider has 220 employees that will move to EXL. The Olomouc facility will serve as EXL’s third outsourcing service delivery location outside of India and the Philippines and with this acquisition, the BPO will have 12 delivery centers across the globe.
Schneider Logistics is a $3.7 billion company and provides end-to-end supply chain management, warehousing, transloading, transportation management and international logistics services.