BLS International Services Limited — JV/Acquisition, 05-12-2025: Acquisition

BLS International, through its wholly-owned subsidiary BLS International FZE, has acquired 100% share capital of BLS International LLC, Armenia, for a nominal AED 97. This strategic move strengthens BLS's global footprint in visa and passport processing. By fully integrating the Armenian entity, which reported a 2024 turnover of AMD 98,850,986, BLS is consolidating its core business operations and expanding its presence in a key region. This acquisition formalizes an existing business line, reinforcing the company's operational reach without significant upfront financial outlay.