STOCKHOLM, Sweden, Jan. 03, 2005 (PRIMEZONE) -- Observer acquires the operations of Delahaye, a firm with a global media evaluation offering. Delahaye is one of the world's strongest brands in media analysis and fits well into the Observer portfoilio of media analytic services.
"Through this acquisition we strengthen our offer of analysis and evaluation services. Observer and Delahaye are the only companies with strong offerings in both North America and Europe," says RL, CEO of Observer Group. D:s client base include a number of Fortune 1000 companies and the yearly sales amount to nine million US dollars.
"We see great opportunities to increase sales of current Observer services to the clients of Delahaye and at the same time Observer's clients in the US as well as in other countries wher Observer operates, will gain access to a number of high end analytic services and applications," says Robert Lundberg.
The acquisition will have some positive effect on earnings per share as well as cash flow from the time of acquisition. Delahaye is included in the group accounts from the turn of the year. Observer acquires Delahaye's operations from Medialink, a listed U.S. company.
Observer AB (publ)
For further information, please contact: Jan-Erik Jansson, Senior Vice President Mergers & Acquisitions, +46 8 507 410 14, Mobile phone: +46 705 11 91 53
Observer AB is quoted on the Attract 40 section of Stockholmsborsen's O-list and has approximately 25,000 shareholders.
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