NIIT Learning Systems gains on completing acquisition of Germany based MST Group
NIIT Learning Systems is currently trading at Rs 336.45, up by 1.95 points or 0.58% from its previous closing of Rs 334.50 on the BSE.
The scrip opened at Rs 343.90 and has touched a high and low of Rs 350.15 and Rs 334.30 respectively. So far 3803 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52-week high of Rs 542.00 on 25-Sep-2024 and a 52-week low of Rs 322.95 on 02-Jun-2025.
Last one week high and low of the scrip stood at Rs 350.15 and Rs 332.00 respectively. The current market cap of the company is Rs 4647.34 crore.
The promoters holding in the company stood at 34.45%, while Institutions and Non-Institutions held 39.44% and 26.10% respectively.
NIIT Learning Systems (NIIT MTS) has completed the acquisition of Munich, Germany-based MST Group, a leader in managed learning services in the DACH region (Germany, Austria, Switzerland). The company was acquired through NIIT MTS’ wholly owned subsidiary NIIT (Ireland) for Euro 22.37 million, subject to certain adjustments as per the terms of the definitive agreements.
The transaction expands NIIT MTS’ presence in Europe’s fastest-growing region and increases market penetration in the automotive and industrial market segments while strengthening its portfolio of managed learning services with the addition of QuickStart Learning Academy capabilities. The addition of Hungary as a nearshore capability centre for Western Europe will improve NIIT MTS’ capability to offer onsite, multilingual services to its global clients.
Founded in 2009, MST Group employs over 100 people across Germany and Hungary. The acquisition adds seven market-leading automotive, industrial, and energy companies to NIIT MTS’ portfolio of Managed Training Services (MTS) clients bringing the overall number of MTS clients to more than 100. The transaction will enable MST Group to bring NIIT MTS’ global reach and comprehensive, AI-enabled, end-to-end managed learning and consulting services to its clients.
NIIT Learning Systems (now be known as NIIT Managed Training Services (NIIT MTS)) helps leading companies transform their learning ecosystems while increasing the business value of learning. NIIT MTS provides comprehensive, high-impact managed learning solutions weaved together the best of learning theory, technology, operations, and services to enable a thriving workforce.
