Acquisitions9 Jul 2025, 07:34 pm
NIIT Subsidiary Acquires 100% Stake in MST Group for EUR 22.37 Million
AI Summary
NIIT (Ireland) Limited, a wholly owned subsidiary of NIIT Learning Systems Limited, has completed the acquisition of 100% equity stake in MST Investment Holding GmbH, Germany, along with its subsidiaries (MST Group). MST Group, founded in 2009, is a leader in managed learning services in the DACH region with a consolidated gross turnover of EUR 17.43 million as of December 31, 2024. The acquisition, worth EUR 22.37 million, is part of NIIT's strategy to drive growth through investments for building new capabilities, geographic expansion, and penetrating attractive customer segments.
Key Highlights
- NIIT (Ireland) Limited has acquired 100% equity shareholding of MST Group for EUR 22.37 million.
- MST Group is a leader in managed learning services in the DACH region with a consolidated gross turnover of EUR 17.43 million as of December 31, 2024.
- The acquisition is part of NIIT's growth strategy to build new capabilities, expand geographically, and penetrate attractive customer segments.
- The acquisition expands NIIT's presence in Europe's fastest-growing region and strengthens its portfolio of managed learning services.