NIIT Learning Systems Limited has acquired Germany's MST Group for €22.37 million to enhance its managed learning services portfolio, particularly in the automotive and industrial sectors.

Target Information

NIIT Learning Systems Limited (NIIT MTS), a prominent global player in managed learning services, has successfully acquired MST Group, a leading managed learning service provider in the DACH region, which encompasses Germany, Austria, and Switzerland. This acquisition, finalized for €22.37 million through NIIT MTS’s wholly-owned subsidiary NIIT (Ireland) Limited, marks a significant milestone for NIIT MTS as it expands its footprint in one of Europe’s fastest-growing areas.

MST Group, established in 2009, is based in Munich and employs over 100 professionals across Germany and Hungary. The acquisition enhances NIIT MTS's client portfolio by adding seven leading companies from the automotive, industrial, and energy sectors, increasing its Managed Training Services (MTS) client base to over 100 organizations.

Industry Overview in Germany

Germany is renowned for its robust automotive and industrial sectors, playing a pivotal role in the European economy. It is home to several world-class automotive manufacturers and equipment suppliers, which necessitate c