Epinion in Southeast Asia announces a management buyout, creating a frontrunner in market research in the region
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Epinion in Southeast Asia announces a management buyout, creating a frontrunner in market research in the region

We are pleased to announce that the Epinion Group with effect 10. January 2016 has sold its commercial client services business in Southeast Asia through a friendly management buyout to Aske Østergård, now former Managing Director, Asia and Thue Quist Thomasen, now former Head of Group Sales and Marketing in Epinion Group.

“We are pleased with the agreement we have reached, and are firm in our believe that the new management team will continue the growth in Asia. The agreement allows Epinion Group to focus on our fast expanding business of general market research & insights management solutions in Europe as well as growing our global position within research and insights services to the Aviation and Transportation verticals further,” says Lars Bjørn Falkenberg, CEO of Epinion Group.

The management buyout will strengthen the focus on clients in Southeast Asia in the new research company:

“Our clients are finding themselves in a new paradigm. Throughout emerging markets in Southeast Asia consumers are adapting faster to global trends with smartphones tied to their right palm. This reality is our core expertise, and we are enthusiastically looking forward to helping our clients adapt. Wait and see”, explains Mr. Aske Østergård, Managing Director of the new independent research company.

“We are well known for our ability to add fresh perspectives to our clients’ business by applying the latest technology and the best minds in the industry. We move brands closer to their consumers by communicating with them through the technologies they are most familiar with. This will continue to be at the core of our strategy”, adds Mr. Thue Quist Thomasen, Deputy Managing Director of the new research company.

Formally, as a result of the management buyout, Epinion Group’s commercial business in Southeast Asia will continue in a new independent legal entity with operations in Singapore and Vietnam. The new entity will continue under the same brand name and collaborate with the Epinion Group to make sure the same standard of services will be offered.

The Epinion Group per se will continue to service clients within Aviation and Transportation in the Asian region and not the least to run a global back-office operations unit of more than 60 employees from Ho Chi Minh City in Vietnam under the management of new Managing Director Mr. Le Xuan Binh.

For further information please contact:

 

Lars Bjørn Falkenberg

CEO

lbf@epinionglobal.com 

+ 45 26 30 01 27

 

Aske Østergård

Managing Director

ao@epinion.vn 

+ 84 946 270 290

 

Thue Quist Thomasen

Deputy Managing Director

tqt@epinion.vn 

+ 84 946 270 280


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