Dion Global Solutions (Dion) announced that it has completed its acquisition of SwissRisk Financial Systems after initially acquiring a controlling stake in January 2012.

The move enhances the firm's European footprint and highlights the importance of that market to Dion's growth strategy, the technology and expertise inherited through the initial investment is now an integral part of the Dion group.

"It was always our intension to acquire the remaining shareholding and we are delighted with the benefits we have seen from our initial investment," said Raiph Horne, chief executive officer at Dion.
 
Shares of the company gained Rs 0.15, or 0.17%, to trade at Rs 88.05. The total volume of shares traded was 3,681 at the BSE (1.13 p.m., Thursday).