BLS International Services’ arm acquires 99% stake in BLS United Ventures S DE RL DE CV
BLS International Services’ subsidiary — BLS International FZE has acquired 99% share capital of BLS United Ventures S DE RL DE CV, a company incorporated under the Mexican federal law, from its existing shareholder. Consequent to such acquisition BLS United Ventures S DE RL DE CV, become a Step-Down Subsidiary (SDS) of the company. The Step-Down Subsidiary shall inter- alia deal in the existing range of business.
BLS International Services is a part of the four decades old BLS Group with a global presence and diversified range of services in polymers and petrochemicals, education, electronics, asset management, visa processing and management consulting.