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Aegis expands global offering
with Japanese acquisition

LONDON - Aegis Group, owner of media-buying giant Carat, has bought Japanese market research group Research Fact.

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It has paid £1m for the company, with a deferred cash consideration subject to performance criteria. Research Fact had revenues of around £3.5m in the year ending June 30 2001.

With the Japanese acquisition, Aegis now has a presence in 40 countries. Research Fact will come under the auspices of Aegis Research, the group's market research business.

Doug Flynn, chief executive of Aegis, said: "Japan remains a focus for the development of the group's research and media businesses and we continue to explore further opportunities there."

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