AUCKLAND: Straker Translations Limited, a leading global technology driven translation services platform, has acquired Spanish translation company On-Global Language Marketing S.L. in a combined cash and share deal worth NZ 2.25 million. [the_ad id=”31605″]On-Global, headquartered in Vitoria-Gasteiz in the Basque Country and with an office in Barcelona, is a specialised language services company operating in two regions that are among the most industrial and hi-tech areas in Europe.
With 14 employees, On-Global provides translation and technical writing services, transcriptions, website and software localisation, interpreting services, consultancy and document management.
Commenting on the acquisition, CEO Grant Straker said: “Straker has established itself as a leading global technology driven translation services platform. The business has a clear five-point growth strategy, and an important part of that strategy is to seek out targeted acquisitions that strategically complement and accelerate our growth.
“We are focusing our acquisition strategy in markets where we already operate and have an easier pathway for integration of acquired production systems onto our RAY platform for margin gains and, where possible, consolidation benefits. On-Global is an excellent fit in terms of customers, location and people in a market we understand well and where we are established and growing strongly.”