MAJOREL GROUP LUXEMBOURG S.A. Majorel Group Luxembourg S.A. : Majorel acquires Alembo, a CX/BPO company based in Suriname

Directive transparence : information réglementée

02/06/2022 08:00

DGAP-News: Majorel Group Luxembourg S.A. / Key word(s): Acquisition/Acquisition
Majorel Group Luxembourg S.A. : Majorel acquires Alembo, a CX/BPO company based in Suriname

02.06.2022 / 08:00
The issuer is solely responsible for the content of this announcement.

News Release

Majorel acquires Alembo, a CX/BPO company based in Suriname

Luxembourg, June 2, 2022: Majorel Group Luxembourg S.A. (“Majorel”, the ‘’Company”), a leading global provider of next-generation end-to-end customer experience (CX) solutions for digital-native and vertical leading brands, today announces that it has acquired Alembo B.V. (NL) and Alembo N.V. (SUR) (“Alembo”), a CX and BPO (Business Process Outsourcing) company based in Suriname, serving the Dutch speaking markets.

Alembo currently employs more than 300 team members in Paramaribo, Suriname, and was founded in 2005. Its primary expertise it to provide CX and BPO services for the e-commerce, retail, medical, and cultural verticals. The business is particularly focused on delivering operational excellence and the wellbeing and prosperity of its people, and therefore completely in-tune with Majorel’s own corporate culture.

Moreover, the acquisition aligns with Majorel’s stated growth strategy of further geographic expansion, especially in countries that strengthen the Company’s near- and offshore leverage. Majorel has purchased 100% of the share capital in Alembo from its founder and CEO, Frank Veldhuizen, who will continue to support Majorel with the growth of the business. The parties agreed non-disclosure of the specific details of the transaction.

Thomas Mackenbrock, CEO of Majorel said: “The acquisition of Alembo is another building block in executing our global expansion strategy. We are delighted to welcome Frank and the entire Alembo team to the Majorel family.”

Frank Veldhuizen, founder and CEO of Alembo said : “Joining Majorel, one of the leading global CX players, is great news for everyone at Alembo, and our clients. I’m extremely proud of what we’ve achieved at Alembo, which meant that finding the right partner - who shares our cultural values and recognizes our importance to the local community in Paramaribo - was really important to help us to continue to thrive. That partner is Majorel, and I couldn’t be more delighted.”

Niels Tetteroo, Director at Majorel, added: “Alembo further strengthens Majorel’s unique position to serve the needs of our expanding Dutch speaking markets. In addition, Alembo’s relentless focus on delivering operational excellence, together with the wellbeing and prosperity of its people, means there is a perfect cultural fit too. We’re very much looking forward to working together to drive the business further.”


We design, build and deliver next-generation end-to-end CX solutions for many of the world’s most respected digital-native and vertical leading brands. Our comprehensive east-to-west global footprint in 37 countries across five continents, with more than 73,000 team members and 60 languages, allows us to deliver flexible solutions that leverage our expertise in cultural nuance, which we believe to be essential for true excellence in CX. We have deep domain expertise in tech-augmented front to-back-office CX. Additionally, we offer Digital Consumer Engagement, CX Consulting, and an innovative suite of Proprietary Digital Solutions for industry verticals. We are a global leader in Content Services, Trust & Safety. We believe the ‘Majorel difference’ to be our culture of entrepreneurship. Majorel: Driven to go further. www.majorel.com


Investor Relations
Insa Calsow
EVP, Investor Relations

Media Relations
Andrew Slater
SVP, Global Marketing & Communications

02.06.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Majorel Group Luxembourg S.A.
18, boulevard de Kockelscheuer
L-1821 Luxembourg
Phone: +352 42 142 56 11
E-mail: insa.calsow@majorel.com
Internet: www.majorel.com
ISIN: LU2382956378
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart; Amsterdam
EQS News ID: 1366667

End of News DGAP News Service

1366667  02.06.2022