Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), has acquired Derby Group, a diversified UAE-based business group, to support its focus on digital integrations, implementations, and scaling digital solutions globally.
This acquisition marks a significant step in the firm’s commitment to prioritizing digital transformation across various sectors.
The move enables Sirius to strengthen its portfolio across several new business areas, laying the ground for further market and business expansion opportunities. Through the integration of Derby’s resources, Sirius will deepen its capabilities across its subsidiaries involved in delivering digital and governmental transformation globally.
The company will also enhance its efforts in strategic areas and solutions supported by AI, blockchain, and other digital innovations for governmental projects. Additionally, Derby’s comprehensive services and infrastructure will improve Sirius’s operational efficiency and service quality.
Ajay Bhatia, Chief Executive Officer at Sirius International Holding, said that, “Welcoming Derby Group to our portfolio represents another milestone that enables us to push swiftly forward with our growth ambitions.”
“By integrating the diverse and successful businesses of Derby Group, we bring further depth, expertise, and capability to our portfolio, ultimately strengthening our diverse platform and positioning us to unlock further possibilities. We will continue to explore collaborations and market expansion that we know will foster innovation, create synergies, and drive positive change whenever and wherever we operate in our digitalization efforts globally,” Bhatia added.
According to the statement, the Derby Group acquisition follows a series of recent collaborations and expansion exercises by Sirius positioning it as a leading player in the technology and digital transformation sector with a growing global footprint.
