Ahlstrom plans to transfer IT operations to Tech Mahindra
(Thomson Reuters ONE) -
Ahlstrom Corporation PRESS RELEASE September 23, 2014 at 09.30
Ahlstrom plans to transfer IT operations to Tech Mahindra
Ahlstrom, a global high performance fiber-based materials company, plans to
transfer its information technology operations to Tech Mahindra Ltd., a
specialist in digital transformation, consulting and business re-engineering.
With the planned long-term agreement Ahlstrom aims to increase efficiency,
harmonize service levels and lower IT costs.
The parties have today signed an agreement regarding the services to be operated
by Tech Mahindra. As a consequence, approximately 50 Ahlstrom IT employees
globally are planned to move to Tech Mahindra under a business transfer
agreement. The planned transfer is expected to take place on December 1, 2014.
After that, the transferring employees will initially continue to work from
their current locations in their current roles and tasks. The business transfer
is subject to country-specific conditions.
Kristiina Lammila, Vice President, Information Solutions, comments on the
agreement:
"This partnership marks a new phase in the management of our IT services. The
arrangement will allow us to build a renewed and more harmonized IT portfolio at
a lower cost. In addition, it provides interesting career and professional
development opportunities for the people being retained at Ahlstrom and for
those being transferred to our partner."
Ahlstrom will retain an IT organization of about 15 employees.
The planned reorganization is part of the ongoing rightsizing program aimed at
saving a total of EUR 39 million annually in continuing operations by the end of
2015.
Tech Mahindra is a global company specializing in digital transformation,
consulting and business re-engineering solutions. It's part of the India-based
Mahindra Group with annual sales of about US$16.5 billion.
For more information, please contact:
Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with
leading businesses around the world to help them stay ahead. We aim to grow with
a product offering for clean and healthy environment. Our materials are used in
everyday applications such as filters, medical fabrics, life science and
diagnostics, wallcoverings and food packaging. In 2013, Ahlstrom's net sales
from the continuing operations amounted to EUR 1 billion. Our 3,500 employees
serve customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX
Helsinki. More information available at www.ahlstrom.com.
This announcement is distributed by GlobeNewswire on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahlstrom Oyj via GlobeNewswire
[HUG#1857627]
Unternehmensinformation / Kurzprofil:
Datum: 23.09.2014 - 08:30 Uhr
Sprache: Deutsch
News-ID 342520
Anzahl Zeichen: 3435
contact information:
Town:
Helsinki
Kategorie:
Business News
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