Engineering Staffing Report: June 28, 2018

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Quess Corp to sell its majority stake in Inticore

Indian staffing services firm Quess Corp announced that it has received approval for the sale of its 74% stake in Inticore VJP Advance Systems.

Inticore is the engineering design and solutions subsidiary of Vee J Pee Aluminium Foundry (VJP), an India-based engineering and manufacturing company founded in 1983.

Quess Corp acquired Inticore in November 2016.

Earlier this month, Quess Corp announced it had increased its stake in compliance technologies firm Simpliance Technologies with the latter becoming a Quess Corp subsidiary.