Kantar Group

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Kantar Group Ltd.
TypePrivate limited company
IndustryMarket research
Founded1992 (as the Market Research, Insight and Consultancy division of WPP)
HeadquartersLondon, England, UK
Key people
Chris Jansen (CEO)[1][2]
Ian Griffiths (CFO)
ProductsMarket research
Data investment
Management consultancy
OwnerBain Capital (60%)
WPP Group (40%)
Websitewww.kantar.com

Kantar Group is a data analytics and brand consulting company, based in London, England. It was founded in 1992, and has approximately 30,000 employees in 100 countries working in various research disciplines, including social media monitoring, advertising effectiveness, consumer and shopper behaviour, and public opinion.

Kantar has been majority owned by Bain Capital Private Equity since July 2019, when WPP sold a 60% stake of the company for $3.1 billion, at a valuation of $4.0 billion.[3]

History[edit]

Acquisitions[edit]

British Market Research Bureau Limited – BMRB, which was established in 1933, London, were acquired by the group in 2009 and merged into Kantar Public in 2016.[4] The subsidiary TGI – Target Group Index of BMRB, which was established in 1969, was split and merged into the Kantar Media brand in 2009.[5]

On 24 October 2018 it was announced that the WPP board approved the plans to sell Kantar Group.[6] In Dec 2019, Eric Salama stepped down as the CEO of Kantar Group. Eric Salama has been with Kantar since it was bought by WPP in 1988.[7]

In 2020, Ian Griffiths (former CFO and COO at ITV) was named Chief Financial Officer[8] of Kantar, while Adam Crozier was appointed Chairman.[9] In October 2020, Kantar announced the appointment of Alexis Nasard as Chief Executive Officer, effective 30 December 2020.

In July 2021, Kantar completed the acquisition of its U.S. based rival Numerator (valued at $1.5 Billion) from Vista Equity Partners, aiming to strengthen its Worldpanel and Advertising Intelligence divisions with US and Canada in focus. The terms of deal were not disclosed.[10][11]

In July 2021, Chris Jansen was appointed to replace Alexis Nasard as CEO, effective 1 November 2021.[12]

In January 2022, Kantar announced it had acquired MindIT, a spin-out from Bologna University that specializes in machine-learning algorithms and AI.[13]

in April 2022, Kantar announced it had acquired the Copenhagen-based marketing measurement and optimisation company, Blackwood Seven.[14]

in May 2022, Kantar announced it had acquired Qmee.

Sales[edit]

On 10 May 2022, Kantar announced agreement for sale of Kantar Public business to Trilantic Europe [1]. The proposed transaction is expected to close in the third quarter of 2022 subject to completion of the relevant shareholder, legal and regulatory processes, and employee representatives’ consultations where necessary. Financial terms of the transaction have not been disclosed.

Office locations[edit]

Kantar has offices in 90 markets, including the UK & Ireland, North America, India, Spain, France, Italy, China and Brazil.[15][16][17] The global headquarters is located at London.

Operations[edit]

In April 2019, Kantar unified all its legacy brands,[18] such as Kantar TNS, Kantar Millward Brown, Kantar Media and Kantar Worldpanel, into Kantar. Work conducted with clients in governments, the public sector, NGOs and NFPs, is led by Kantar Public, Kantar's specialist division which advises on the delivery of public policy, programmes, services and communications to the public.

Kantar Analytics Practice[edit]

By 2019, Kantar merged the operations of IMRB, Millward Brown and TNS, and Kantar’s parent company WPP merged its media and advertising subsidiary GroupM with Kantar to form a global Kantar Analytics Practice. Following similar exercises across the globe, Kantar reduced the sub brands from 18 to 9 by 2019

Kantar IMRB[edit]

Kantar IMRB (formerly "IMRB International" and "Indian Market Research Bureau") is a multi-country market research, survey and business consultancy firm established in 1970 that offers a range of syndicated data and customized research services. With over 1200 employees, IMRB is one of the largest providers of market research in India in an industry estimated to be worth a minimum of $187 million. As the oldest extant market research company in India, IMRB has been responsible for establishing the first and only household panel, the first television audience measurement system and the first radio panel in the country.[19] IMRB International's specialized areas are consumer markets, industrial marketing, business-to-business marketing, social marketing and rural marketing.

Kantar Millward Brown[edit]

Kantar Millward Brown was founded in Warwick, England in 1973 and acquired by WPP Group in 1990. In 2004, WPP backed Millward Brown acquired strategic marketing research and consulting firm, MaPS - Marketing and Planning Systems based at Boston[20] In 2015, the experts from MaPS were moved to Millward Brown Analytics.[21] Kantar Millward Brown, now part of Kantar's Insights Division, is a global research agency specialising in advertising, marketing communications, media and brand equity research. Kantar Millward Brown works across a range of industries and categories, and has a number of specialist practices.

Kantar TNS[edit]

In 2008, Kantar TNS (Taylor Nelson Sofres) was acquired by WPP and included in Kantar. In February 2009, Kantar merged TNS and Research International.[22]

Kantar Consulting[edit]

Kantar Consulting was formerly[23] Kantar Vermeer, Kantar Added Value, Kantar Retail and Kantar Futures, and was a marketing and sales consultancy.

Kantar Added Value[edit]

In October 2004, three Kantar companies – Added Value, Icon Brand Navigation and Diagnostic Research – combined under the "Added Value" name.[24] Kantar Added Value focused on brand marketing, consumer insight, innovation and communications optimisation.

Kantar Futures[edit]

Kantar Futures offered subscription services and consulting regarding future trends. Formerly known as The Futures Company, Kantar Futures was formed through the integration of The Henley Centre, HeadlightVision, Yankelovich and TRU.[25]

Kantar Vermeer[edit]

In 2014, Millward Brown acquired EffectiveBrands Holding B.V., a marketing strategy consulting firm headquartered in Amsterdam. Millward Brown merged EffectiveBrands with Millward Brown Optimor, its strategy consulting unit, to form Millward Brown Vermeer.

Kantar Retail[edit]

Kantar Retail was headquartered in London and has over 400 employees and offices in 15 markets around the globe.

Kantar Health[edit]

Kantar Health (now Kantar's Health Division) provides data, analytics, and research to the life sciences industry. As of December 2020, Cerner announced that it will acquire Kantar Health, acquisition is expected to close in the first half of 2021.[26] On 1 April, 2021 Cerner completed the acquisition of Kantar’s Health Division and has re-branded to Cerner Enviza.[27]

Kantar Media[edit]

Kantar Media (now Kantar's Media division) offers a range of media insights and audience measurement services through the analysis of print, radio, TV, internet, cinema, mobile, social and outdoor media worldwide. Kantar Media was formed from WPP Group's acquisition of TNS Media and KMR Group in 2010. Kantar Media became Kantar's re branded insight, media evaluation and audience measurement company.[28] In 2014, Kantar Media acquired a majority stake in the issued share capital of Precise Media Group Holdings Limited ("Precise") in a £70 Million deal.[29] In the same year, Kantar Media acquired IBOPE Media, the main TV audience and ad investment measurement company in Brazil.[30] Kantar Media has within it organizational subsidiaries, such as Kantar Media North America, which are legal corporate entities in their own right.[31]

In January 2022, Symphony Technology Group acquired Kantar Reputation Intelligence, a media monitoring and analysis subsidiary of Kantar. The deal was finalized on Dec 31, 2021 and the merged company will operate under the name Onclusive.[32]

Kantar Worldpanel[edit]

Kantar Worldpanel (formerly TNS Worldpanel) runs continuous consumer panels and specializes in shopper behavior. The Worldpanel division measures and advises on consumer and shopper behaviour, offering insight-based consulting on clients' marketing and business strategies.[33][34]

Kantar Profiles[edit]

Kantar Profiles (former Lightspeed) was founded in 2000 and is headquartered in Warren, New Jersey, United States. The company operates in North America, Europe and Asia. It provides online market research services, specializing in using the Internet as a data collection platform to provide research through building and maintaining panels subject to quality and representative sampling standards.

Specialty panels range across industry sectors such as financial services, health care, business-to-business, automotive, family and more. Kantar Profiles (former Lightspeed) also provides custom panels to address specific client needs. In 2007, it conducted over 20 million online surveys for clients.[citation needed]

References[edit]

  1. ^ "Chris Jansen to join Kantar as Group CEO".
  2. ^ Bruell, Alexandra (July 2021). "WSJ News Exclusive | Kantar Hires Chris Jansen as Its New CEO". Wall Street Journal.
  3. ^ Graham, Megan (12 July 2019). "WPP will sell stake in market research unit to Bain Capital in deal valuing Kantar at $4 billion". CNBC. Retrieved 29 January 2022.
  4. ^ "About us". Kantar Public. Retrieved 16 June 2018.
  5. ^ "TGI (Target Group Index)". DJS Research. Retrieved 16 June 2018.
  6. ^ Crisp, Wil (24 October 2018). "WPP board approves plan to sell its Kantar data division". The Telegraph. ISSN 0307-1235. Retrieved 29 October 2018.
  7. ^ Barker, Alex (10 December 2019). "Kantar chief to step down after surviving stabbing". Financial Times. Retrieved 29 January 2022.
  8. ^ "Kantar appoints Ian Griffiths as chief financial officer". Campaign Live. Retrieved 28 September 2020.
  9. ^ Reuters Staff (11 February 2020). "Kantar appoints ex-ITV chief Adam Crozier as chairman". Reuters. Retrieved 28 September 2020.
  10. ^ Barbaglia, Pamela; Holton, Kate (19 April 2021). "EXCLUSIVE Britain's Kantar nears $1.5 billion deal to buy Vista-backed Numerator, sources say". Reuters. Retrieved 29 January 2022.
  11. ^ "Kantar acquisition of Numerator completes, creating a global leader in shopper behaviour". Numerator. Retrieved 29 January 2022.
  12. ^ Bruell, Alexandra (1 July 2021). "WSJ News Exclusive | Kantar Hires Chris Jansen as Its New CEO". Wall Street Journal. ISSN 0099-9660. Retrieved 1 July 2021.
  13. ^ "Kantar acquires Italian AI company MindIT | News". Research Live. Retrieved 17 January 2022.
  14. ^ "Kantar grows AI capabilities with new acquisition | News". Research Live. Retrieved 26 April 2022.
  15. ^ "Kantar UK & Ireland". Kantar. Retrieved 28 September 2020.
  16. ^ "Home". kantar.com. Retrieved 28 September 2020.
  17. ^ "Home". Kantar (in European Spanish). Retrieved 28 September 2020.
  18. ^ "Kantar merges all brands under single name - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 28 September 2020.
  19. ^ Dasgupta, Pritha Mitra. "TAM, IMRB to jointly launch TeleWeb". The Economic Times. Retrieved 30 January 2022.
  20. ^ "Millward Brown acquires US marketing research firm". Campaign Live. 6 July 2004. Retrieved 29 January 2022.
  21. ^ "Daily Research News Online no. 20454 - US Launch for New Millward Brown Analytics Unit". MRWeb. Retrieved 29 January 2022.
  22. ^ "TNS and Research International combine strengths in custom research". WPP. Retrieved 15 August 2014.
  23. ^ "WPP's Kantar merges four brands into one consultancy". Campaign Live. Retrieved 28 September 2020.
  24. ^ "Angus Porter to head Added Value – WPP". WPP. Retrieved 7 April 2017.
  25. ^ "Two leading research consultancies merge to form The Futures Company". WPP. Retrieved 19 August 2014.
  26. ^ "Clinical Publications". Kantar. Retrieved 26 August 2020.
  27. ^ "Health Division". Kantar. Retrieved 29 January 2022.
  28. ^ "Kantar is launching Kantar Media". WPP. Retrieved 15 August 2014.
  29. ^ "WPP's Kantar buys Precise Media Group in £70m deal". The Telegraph, 10 Jun 2014. Retrieved 23 March 2015.
  30. ^ "Kantar, do grupo WPP, adquire controle do Ibope Media". Midia e Marketing (in Brazilian Portuguese). 17 December 2014. Retrieved 7 April 2017.
  31. ^ Fry, Erika (1 February 2018). "Super Bowl Ads Can't Save TV". Fortune (print mail distribution): ppg. 10–11. ISSN 0015-8259. ...explains Manish Bhatia, CEO of Kantar Media North America.
  32. ^ Sanchez, Sabrina (5 January 2022). "Symphony Technology Group acquires Kantar's Reputation Intelligence, PRgloo and Onclusive". PR Week. Retrieved 29 January 2022.
  33. ^ "Consumer Panels - Kantar Worldpanel". www.kantarworldpanel.com. Retrieved 5 April 2019.
  34. ^ "Kantar appoints Guillaume Bacuvier to lead Worldpanel Business". The Financial Express. Retrieved 30 January 2022.