Aegis buys S Africa’s CCN Group | india | Hindustan Times
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Aegis buys S Africa’s CCN Group

india Updated: Jul 09, 2009 23:54 IST
Hindustan Times
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Aegis Ltd, the BPO arm of Essar Group, has acquired 100 per cent equity of CCN Group, one of the largest privately- owned contact centre outsourcing company in South Africa for an undisclosed amount.

Aegis has plans to invest over $60 million (Rs 293 crore) during the next three years in the region to grow the business.
CCN Group has been in the BPO business for last 7 years and has revenues in excess of $19 million (Rs 92 crore) for FY 2008-09. Its clientele includes both onshore and offshore customers with significant revenues from clients located in UK.

It has a capacity of 700 seats and has over 1,000 employees operating out of 2 facilities.

“This is a step towards our commitment to creating 5,000 jobs in South Africa over a period of time,” said Aparup Sengupta, Global CEO and Managing Director of Aegis Limited.