Ipsos completes the acquisition of Synovate; Becomes 3rd largest global market research company
The completion of the transaction occurs following the successful capital increase with preferential subscription rights of ‚¬200 million launched by Ipsos on 8 September 2011, to fund part of the acquisition price, and completed on 30 September 2011.
Didier Truchot, Ipsos Co-President, says: "We are delighted to have completed the acquisition of Synovate which is transformational for our company. With Synovate, Ipsos strengthens its leadership position in its chosen areas of specialization and enhances its intellectual and commercial offer to bring enriched and improved solutions to our clients. We are working quickly and jointly with the Synovate team and are delighted to welcome them within Ipsos. We are confident in our ability to achieve the objectives of the combination identified at the announcement of the transaction."
Synovate will be included in Ipsos' consolidated accounts from 1st October 2011.
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