added: Karol Pęczak | 2016-09-08 11:11:56 Polish language service provider (LSP)
Polish language service provider (LSP) Summa Linguae continued to look for ways to boost inorganic growth. Now, in a somewhat unusual transaction, the company inked a partnership with Bangalore, India-based Mayflower Language Services That sees the two LSPs take a minority stake of 25% in each other.
Speaking to Slator, Summa Linguae CEO Krzysztof Zdanowski and Mayflower CEO Madhuri Hegde said they had been working on the partnership since April 2016 when Zdanowski Hegde first approached with the idea. The two CEOs knew each other from industry events, but Their companies had no prior partnership.
https://slator.com/ma-and-funding/poland-meets-india-as-mayflower-and-summa-linguae-swap-shares/
