Durrant Pate/Contributor

Productive Business Solutions Limited (PBS) has added a new line of business as the regional IT company expanded its portfolio and business in Jamaica, El Salvador, Costa Rica and Peru.

This expansion has been facilitated by the PB Scott-chaired company’s acquisition of 45 per cent equity in Trinidad Systems Limited (TSL). Arising from this, PBS is now implementing its seventh line of business, Payment Methods, which expands its portfolio across the region. 

In addition, PBS has improved its imaging business line, adding Mimaki, a world-leading company from Japan, and Etirama from Brazil. With these initiatives, PBS, which trades on the Jamaican stock market, is positioning itself in the flexographic market, mainly used for labelling high-end applications.

Relocating offices in four countries

Messrs. Scott group CEO Pedro Paris painted a positive outlook for the company this year pointing out that, “the 2025 strategy will continue to focus on the opportunities of regional clients looking for a one-stop-shop, one-SLA (service level agreement), one-escalation matrix, and competitive pricing through scale procurement advantages from the leading enterprise technology brands in our region”.

“Pursuing a better internal and external customer experience, PBS is relocating four offices in the region: Jamaica, El Salvador, Costa Rica and Peru. These new facilities will bring an upgrade from the prior locations.”

They say the current pipeline is robust, anticipating that 2025, like the past four years, will experience revenue growth and improvements in key business performance indicators. PBS, which has a complement of 3000 IT professionals bringing solutions every day to clients is committed to continue investing in capacity building in 2025 to improve service capability and offerings to its valued customers. 

Last year, the company completed the acquisition of Xerox’s operations in Perú and Ecuador, increasing its footprint in Latin America and strengthening the relationship it has with Xerox. In addition, PBS successfully refinanced most of its debt obligations earlier in the year with CITI. 

As such, PBS was able to extend its maturity profile, diversify its sources of funding across the region and increase its liquidity.