9th Jul 2014 07:53
LONDON (Alliance News) - The Innovation Group PLC said Wednesday it has renewed its contract with the South African subsidiary of an unnamed motor manufacturer until 2017.
The renewed contract will provide the business process services and software provider with estimated revenues in excess of GBP10 million, it said.
Under the terns of the deal with the unnamed company, The Innovation Group will provide management services for the manufacturer including warranties, service and maintenance plans as well as the distribution and management of extended warranties and service plans.
The original contract commenced in 2001.
Shares in The Innovation Group were trading marginally higher shortly after the market open Wednesday, up 0.72% at 34.75 pence per share.
By Alice Attwood; [email protected]; @AliceAtAlliance
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