EXL acquires BPO unit in Czech Republic

Schneider Logistics, Inc., a leading international logistics provider and part of the Schneider National enterprise, announced recently the sale of its Olomouc, Czech Republic, operation to ExlService Holdings, Inc., a leading provider of outsourcing and transformation services to global companies. The companies have also signed a multi-year agreement under which EXL will provide business process support services for Schneider from the Olomouc facility.

“As we operate the business, we are always looking for opportunities to be more efficient and effective,” said Jack Gross, senior vice president, international, Schneider Logistics. “This agreement positions us to continue to provide customers with excellent service while maintaining a competitive, low-cost position in the marketplace.”

Gross noted that EXLs interest in purchasing the business stems from the solid performance the Olomouc team has delivered during the past three years. “As we have grown in the Czech Republic, our work has often attracted interest from other parties. Their interests have ranged from benchmarking to exploring new business opportunities to proposing strategic relationships. This is the right opportunity, at the right time, and we are excited about leveraging this relationship for our customers and associates.”

According to Gross, the new relationship means Schneider Logistics customers will realize greater efficiencies in their business processes, including European freight audit and payment, logistics engineering, carrier contracting and brokerage business.

As part of EXL, Olomouc-based associates will contribute their transportation and logistics expertise while benefitting from EXLs unique competencies in business process outsourcing solutions. The Olomouc business also will benefit from a strong cultural fit and EXLs intent to build their presence in eastern Europe.

“As we continue to grow in our chosen verticals, our relationship with Schneider enables us to consolidate our position in the transportation industry,” stated Rohit Kapoor, president and chief executive officer, EXL.

“More significantly, the acquisition of Schneider Logistics Olomouc operations has helped EXL gain an entry into Europe and acquire multi-lingual capability aЂ“ along the lines of our strategic intent of expanding our global footprint,” added Vikram Talwar, executive chairman, EXL.

Based in New York City, EXL was founded in 1999 and has operations in the United States, India and the Philippines. EXL also has a sales office in the United Kingdom and employs over 9,500 professionals. EXL specializes in providing focused solutions from both onshore and offshore for finance and accounting, transaction processing, legal services, customer service, compliance, operations risk management, process improvement and reengineering and analytics support. EXL provides services to a broad range of business markets, including insurance, utilities, financial services and transportation. Among other honors, BusinessWeek recognized EXL as one of the Top 100 Hot Growth Companies for 2007.

“In evaluating this transaction we looked for a company with a stellar reputation, similar core values and a track record of success for associates, customers and the business. EXL meets all those criteria,” said Gross.

 
 

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