Systems Limited (PSX: SYS), one of Pakistan’s leading software and IT services companies, has announced plans to pursue major transformation deals and strategic acquisitions in Europe and the United States to accelerate its international growth and strengthen its enterprise presence.
In a notice to the Pakistan Stock Exchange (PSX) on Monday, the company said its key strategic priority for the future is to “drive inorganic growth” in these mature markets.
Systems Limited said it is actively evaluating acquisition opportunities that would allow it to fast-track entry into Europe and the US while broadening its global footprint.
As part of this strategy, the company plans to set up a subsidiary in the United Kingdom to establish a direct operational base, enabling it to capitalize on emerging opportunities, leverage existing assets and intellectual property, and enhance export performance.
The firm also intends to deepen synergies through its associated company in the UK by strengthening partnerships and expanding service capabilities to better serve clients across Europe and North America.
Systems further informed that its strategic partnership with British American Tobacco (BAT) will formally begin in the upcoming quarter, marking a significant milestone in expanding its global shared services operations.
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On the domestic front, the company reported its first positive operating profit in Pakistan, stating that most previously underperforming projects have now been completed, with the remaining expected to wrap up within the next quarter.
Meanwhile, its associate company, OneLoad, has secured new investment and received approval from the State Bank of Pakistan (SBP) for its E-Money license, positioning it for growth in digital financial services.
