MSX International Acquires Impetus Automotive, Significantly Expands Presence, Services in United KingdomOctober 04, 2018
MSX International (MSXI), a leading global business process outsourcing company, has announced it has acquired Impetus Automotive. This acquisition more than doubles the size of MSXI’s footprint in the U.K. market, and brings new capabilities to the organisation and greater access to serve leading OEM clients. By adding Impetus Automotive as a wholly-owned subsidiary, MSXI gains complementary skills in its key domains of retail sales, aftersales, and learning services.
MSXI has acquired Impetus Automotive from its parent company, Volvere plc.
"The acquisition of Impetus Automotive combines best-in-class experience from two market leaders in the U.K., while providing a pathway for clients to extend services across MSXI’s global presence," said Patrick Katenkamp, CEO of Retail Network Solutions at MSXI. "This acquisition strongly supports our strategy to gain scale in core training, sales, and service offerings as well as strengthen client relationships with major automotive manufacturers."
Under terms of the agreement, MSXI acquires 100 percent of the stock of Impetus Automotive whose employees serve as experts in a variety of insight-driven and technical roles.
"The combination of Impetus Automotive and MSXI will enable the joint organisation to better serve customers and continue to build on an already strong client base," said Jonathan Lander, CEO of Volvere plc. "I’m confident that Impetus Automotive’s sales and aftersales consultancy services will perfectly supplement MSXI’s portfolio and provide interesting opportunities for Impetus Automotive’s staff in future."