Genpact acquires GE Money delivery facility in Guatemala

Mumbai, Aug 18 (UNI) Genpact, leading global technology and business service provider, has acquired GE Money's delivery centre in Guatemala City.

The newly acquired facility will be Genpact's first facility in Guatemala. The delivery centre has a capacity of 2,000 and will initially house more than 700 workers. The amount paid for the acquisition, that was finalised on August 14, has still not been revealed.

It is expected to extend the company's presence beyond Mexico in the Latin American market and enhance its ability to provide business process services to English and Spanish locations.

The region's close proximity to the US would also make it a convenient location for Genpact to provide near-shore support for clients' customer-service, finance and supply-chain processes.

Genpact will also provide services to GE Money from the facility, a company release issued here said.

''Our new facility enables us now to offer services to our global clients from both Guatemala and Mexico. This will strengthen our ability to offer best-in-class shared services to global clients that have operations in the region and are interested in consolidating their Latin America operations,'' said Genpact Business Leader for the Americas, Juan F Ferrara. ''As demand for these services increase, we will explore new opportunities to grow our presence in Latin America,'' he added.

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