About This Deal

ManpowerGroup acquired Web Development Company Limited (WDC), a transaction completed in July 2012, structured as Acquisition.

Web Development Company Limited (WDC) operates in Experis / IT, is based in India. ManpowerGroup completed its acquisition of the remaining 26% of Kolkata-based Web Development Company Limited (WDC), a leading IT services and professional-resourcing company, making it a wholly owned subsidiary of the Experis brand. ManpowerGroup had acquired an initial 74% stake in March 2011.

Expands Experis's professional IT resourcing capabilities in India and the Asia-Pacific region.

Deal Terms

Acquirer
ManpowerGroup
Target
Web Development Company Limited (WDC)
Value
Not disclosed
Date
July 2012
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
India
Segment
Experis / IT
Structure
Acquisition
Announced
July 18, 2012
Closed
July 18, 2012

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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