Morales & Besa advised Ipsos in the Chilean matters of its global acquisition of four research divisions from German counterpart GfK

October 15, 2018

Morales & Besa advised French market research company Ipsos in the Chilean matters of its global acquisition of four research divisions from German counterpart GfK for 105 million euros (US$122 million).

K&L Gates LLP’s São Paulo office acted as regional lead legal coordinator and counsel for Ipsos.

The acquisition comprises the customer experience, customer experience innovation, health and public affairs research divisions. This transaction involved nearly 1,000 GfK employees in Asia, Europe, Latin America and the US that moved to Ipsos.

Global transaction in which team work with external counsel in France and Brazil and in-house counsel of Ipsos in Latin America was key in order to finalize closing.

The Morales & Besa team that participated in this operation was made up by partner Michel Diban, senior associate María Teresa Manubens and associate Paula Zaldivar.