NOW PART OF THE FUTURUM GROUP

Learn More

CX Outsourcing Firm Majorel Enters Croatia and Agrees to Acquire Turkish CX Provider Mayen

Deals Expand Majorel Presence to 32 Countries and 5 Continents

  • Share

Majorel, the Luxembourg-based provider of multilingual outsourced CX solutions, has expanded its footprint with the establishment of new operations in Zagreb, Croatia, the company announced on December 2, just 10 days after it signed an agreement to acquire Mayen Telekomünikasyon Hizmetleri, an independent nearshore CX provider in Turkey.

Both the Croatian operations and the Mayen acquisition align with Majorel’s growth strategy of expansion, especially in countries that leverage the company’s strength in providing both nearshore and offshore outsourcing services. Nearshoring is the outsourcing of a client’s processes to a neighboring country located within the same or similar time zone. In comparison, offshoring is outsourcing to a more distant country or region located several time zones away.

The transactions in the two areas will also extend Majorel’s already strong outsourcing delivery capabilities in the Europe, Middle East, and Africa (EMEA) market, especially in the latter’s German-speaking regions.

All told, Majorel has a global footprint spanning 5 continents and 32 countries, with preparations underway to soon open two more new locations in Ghana and North Macedonia. The company formed in 2019 through the merger of the customer relationship management (CRM) businesses of Bertelsmann, the German conglomerate, and the Saham Group, the pan-African investment company.

Zagreb, the capital of Croatia, was chosen because of the city’s “spirit of entrepreneurship,” according to Majorel CEO Thomas Mackenbrock. The new site is fully operational and is expected to bring hundreds of new jobs to the region, company officials say.   Mayen, headquartered in Istanbul, has more than 4,000 employees spread across 12 locations in Turkey, according to the company’s website. Founded in 2004, Mayen was the largest exporter of call center services in Turkey from 2016 to 2019, and the company has won a string of global awards for sales and customer service.

Latest Research

Employee Experience

Employee Experience

Market Drivers and Barriers, Market Sizing and Forecasts, and Case Studies

CX in the Healthcare Industry

CX in the Healthcare Industry

Patient Experience Management and Patient Engagement: Best Practices, Key Market Trends, Case Studies, and Market Forecasts

CX Market Forecasts

Customer Data & Analytics, Customer Relationship Management, Contact Center, Personalization & Optimization, Customer Data Platforms, Customer Insights & Feedback, and Employee Experience

Customer Insights & Feedback

Market Drivers and Barriers, Key Industry Players, Market Sizing and Forecasts, and Case Studies

Related Articles

CX acquisitions and funding news

STG, Momentive, Zendesk, and Capillary Tech in M&A and Funding News

Investor Consortium Completes Acquisition of Momentive Global An investor consortium led by Symphony Technology Group (STG) has completed the acquisition of Momentive Global, the maker of the survey platform SurveyMonkey, in an all-cash…

Read More
Consumer protection for financial services

FCA’s Consumer Duty Framework: Rules and Standards to Drive Better Customer Experiences

The News: The Consumer Duty, a new regulatory framework that sets out higher and clearer standards of consumer protection across the financial services industry in the United Kingdom, is set to go into effect on July 31, according to the…

Read More
CX acquisitions and funding news

CX M&A and Funding News on Edenred, Enghouse, Axim, HelloTeam, and Kustomer

Edenred Acquires Reward Gateway for £1.15 Billion France-based employee fintech firm Edenred has acquired Reward Gateway, an employee engagement company headquartered in Boston, for £1.15 billion ($1.39 billion) from funds managed…

Read More
CX acquisitions and funding news

New Acquisitions for Interact, Edenred, Nextiva, and Capillary; Funding for Savio

Interact Software Acquires Sideways 6 to Boost Employee Engagement Intranet solution provider Interact Software is acquiring Sideways 6, the software company that harnesses employee ideas to help companies increase employee engagement. Financial…

Read More
More related Articles