Information  X 
Enter a valid email address

Taylor Nelson Sofres (TNS)

  Print      Mail a friend       Annual reports

Friday 10 November, 2006

Taylor Nelson Sofres

Acquisition

Taylor Nelson Sofres PLC
10 November 2006


 

 

For release at 07.00                                            10 November 2006

 
          Acquisition in Chile expands TNS operations in Latin America          

                                                                                
Taylor Nelson Sofres plc (TNS), a world leader in market information, today
announces the acquisition of a controlling interest in Time Research SA, the
largest independent custom research business in Chile, for an undisclosed sum.
This move builds on TNS' strong presence in Latin America, where it has custom
businesses in Brazil, Mexico, Argentina and Central America, as well as
pan-regional consumer panel coverage.

Time Research includes among its clients many of the major multi-national FMCG
companies and also has an extensive local client base. Founded in 1979, the
company is based in Santiago and employs 51 people. Its turnover for the year
ended 31 December 2005 was £1.6 million and net assets at that date were £0.9
million.

Chief Executive David Lowden, said: "This move into Chile significantly
reinforces our presence in the fast growing Latin American region. It will
expand our local client base and give those clients access to TNS' global
network and the group's extensive research expertise."

Investor Seminar

TNS is today making an operational presentation to investors and analysts, which
will focus on the group's strategy of delivering value added information and
insights to clients. TNS will not be providing an update on current trading or
any new financial information.

The presentation is being held at Cazenove Auditorium, 20 Moorgate, London, EC2
and starts at 10.00. A webcast of the seminar will be available at
www.tns-global.com/investors.

For more information, please contact:
Janis Parks, Head of Investor Relations              +44 (0)20 8967 1584
LucieAnne Brailsford/Ash Spiegelberg, Brunswick      +44 (0)20 7404 5959
Email: janis.parks@tns-global.com


About TNS

TNS is a market information group:

  * The world's largest provider of custom research and analysis
  * A leader in political and social polling
  * A major supplier of consumer panel, media intelligence and TV and radio
    audience measurement services.

TNS operates across a global network in over 70 countries, allowing us to
provide internationally consistent, up-to-the-minute and high quality
information and analysis.

The group's employees deliver innovative thinking and excellent service to local
and multi-national clients worldwide. In the custom business, they combine
in-depth sector knowledge with expertise in the areas of new product
development, positioning and segmentation research, brand and advertising
research and stakeholder management.

TNS' strategic goal is to be recognised as the global leader in delivering value
added information and insights that help our clients to make more effective
decisions.

TNS is the sixth sense of business.

www.tns-global.com

 



                      This information is provided by RNS
            The company news service from the London Stock Exchange