Human resources firm ManpowerGroup today announced the acquisition of Web Development Company Limited (WDC), a Kolkata based company to provide IT services and professional resourcing in India.
ManpowerGroup completed its acquisition of the remaining 26% stake in the Kolkata-based IT services and professional resourcing company. WDC offers that offering consulting, development and application support services to several large clients in India and Asia Pacific region. In March 2011, ManpowerGroup acquired a 74% stake in WDC. With this acquisition, WDC becomes a wholly owned subsidiary of ManpowerGroup's Experis brand.
"Since becoming associated with ManpowerGroup, WDC has been able to leverage ManpowerGroup's local expertise, global footprint and experience spanning over 60 years to further expand our capabilities and client base and deliver better, faster results," said Rahul Sharma and Harsh Hada, Executive Directors and Promoters of WDC.
Sanjay Pandit, Managing Director of ManpowerGroup India said that their selective acquisition of WDC has enhanced and strengthened the position of Experis in response to the demands and needs of clients.
The recent ManpowerGroup Talent Shortage Survey in 2012 revealed that IT roles are the jobs Indian employers have most difficulty filling, and in fifth place across the region as a whole. Darryl Green, ManpowerGroup President, Asia Pacific and Middle East said: "Experis is adept at attracting the highly-skilled professionals that companies need to grow their business and enhance their competitiveness, and this acquisition further strengthens its unmatched capability to do this throughout the region. Our expert recruiters recruit experts with the right blend of IT skills and experience to create enhanced partnerships and achieve accelerated results."