Call center Paxys subsidiary acquires Australian-based firm

The Australian-based subsidiary of Paxys Inc., the first call center operator to be listed on the Philippine Stock Exchange, has acquired a company that provides salary packaging advice. In a statement to the Philippine Stock Exchange on Thursday, Paxys said Australia-based Smartsalary Pty Ltd. has completed the purchase of PBI Benefits Solutions Pty Ltd., which is engaged in providing salary packaging remuneration advice also in Australia. "As a result of this acquisition, Smartsalary will further expand its business by providing advisory services for salary packaging benefits and solutions," Paxys said. Smartsalary is the second largest provider of outsourced salary packaging services in Australia. Paxys has acquired Smartsalary in 2006 for 36.7 million Australian dollars. -- CMA/OMG, GMA News