Mindteck (India) Ltd, a global technology and IT services company has announced that the company has acquired US-based Infotech Consulting for USD 21 million.
Infotech Consulting, a multi-disciplined technology services firm based in pennsylvania, US with estimated revenue of $31 million as of December 31, 2007, employs over 250 people in the US. The company has a large commercial and governmental customer base and significant expertise in Business Application Consulting (BAC), and Security Infrastructure and Managed Services (SIM),
Tata Chemicals has signed up definitive agreements in order to acquire a US-based chemical company, General Chemical Industrial Products Inc. (GCIP) for around Rs 4,000 crore ($1,005 million).
Harbinger Capital Partners is the majority owner of GCIP.
The deal is conditioned on the receipt of shareowner and other regulatory commendations.
GCIP is a major soda ash manufacturer in the USA. It has a capacity of 2.5 million TPA of Natural Soda Ash. Its manufacturing plants are situated at Green River Basin in Wyoming, USA.