Transcom acquires City Connect
On July 29, Transcom signed an agreement to acquire City Connect, a specialist within ominchannel customer experience, primarily serving the German market through nearshore delivery from the Adriatic region. The transaction is expected to close and be consolidated as of August 1, 2021. City Connect employs more than 620 people across Croatia, North Macedonia, and Slovenia and is primarily serving blue chips companies and fast growing companies within e-commerce. The company is expected to generate 15 MEUR in revenue for 2021 and is growing fast with double digit profitability. “Over