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Another Acquisition for TNS
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13/09/00
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Taylor Nelson Sofres has agreed to acquire 51% of the business of
Israeli-based Teleseker Limited, to be known as Taylor Nelson Sofres
Teleseker Limited.
Founded in 1983, Teleseker’s main areas of activity include marketing and
advertising consumer research and political and opinion polling. In
addition, it has a joint venture with Telegal Limited, which operates the
Israeli contract for television audience measurement. The company employs
30 people and its client list includes a number of major multinationals.
Turnover for the year ending 31 December 1999 was US$4.2 million and net
assets at that date were US$1.3 million. The current Chairman and Chief
Executive, Dori Shadmon, will remain as head of the company.
According to Tony Cowling, Executive Chairman of Taylor Nelson Sofres, "We
have a long-established relationship with Teleseker and with the
Teleseker/Telegal joint venture in Israel, which licenses TNS TV audience
measurement technology. We welcome the opportunity to strengthen that
association and to extend our global network into the growing Israeli
market. By joining an international group, Teleseker will be able to offer
its clients an enhanced range of services, including our excellent range of
branded research solutions."
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