Image Source: Economic Times
BLS International Services Ltd, through its wholly owned subsidiary BLS International FZE, has acquired a 95% stake in MVA International W.L.L., Bahrain. The acquisition strengthens BLS’s footprint in the Middle East, adding specialized visa and passport processing capabilities. MVA International reported a turnover of 288,294 BHD in 2024.
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BLS International Services Ltd, a global leader in outsourcing and technology services for governments and diplomatic missions, has announced a major international expansion. Its wholly owned subsidiary, BLS International FZE, has acquired a 95% stake in MVA International W.L.L., Bahrain, making it a step-down subsidiary of the company.
Notable Updates
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Acquisition stake: 95% of MVA International W.L.L.
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Subsidiary status: MVA International becomes a Step Down Subsidiary (SDS) of BLS International.
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Turnover: MVA International recorded 288,294 BHD in 2024.
Major Takeaways
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The acquisition enhances BLS International’s visa and passport processing portfolio.
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Strengthens the company’s strategic presence in the Middle East, a growing hub for travel and migration services.
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Aligns with BLS’s long-term vision of global expansion and diversification.
Important Points
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BLS International continues to be a trusted partner for governments worldwide, handling consular and citizen services.
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The move is expected to boost revenues and operational synergies in the region.
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Industry analysts view this as a strategic step to consolidate BLS’s leadership in global outsourcing services.
Sources: InvestyWise, ScanX Newsscanx.trade, SEBI Filings
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