Ipsos simplifies shareholding structure with LT Participations purchase

FRANCE – Ipsos board of directors has approved a merger between Ipsos and LT Participations – the company set up by Ipsos founder and chief executive Didier Truchot and his partner Jean-Marc Lech in 1988.

Res_4008529_Didier_Truchot_3_900

LT Participations was set up with the sole purpose of controlling Ipsos and it held 25.1% of the share capital and 39.3% of the voting rights of Ipsos.

But following Lech’s death in 2014, Truchot (pictured) assumed sole control of LT Participations (and so Ipsos) on a temporary basis. Truchot and DT & Partners owns 52.2% of LT Participations, Sofina has 35.8%, FPP Invest 10.4% and the rest is held by group managers.

The proposed merger will make DT & Partners – which now also counts Ipsos managers among its shareholders – the new reference shareholder in Ipsos, holding, together with Didier Truchot, around 10% of the share capital.

Prior to the merger with Ipsos, the debt of LT Participations to be paid in full through the sale of Ipsos shares held in the portfolio, for a total amount of around €65.5 million.  

Ipsos wanted to acquire the block of shares sold by LT Participations using its share buy-back programme. It will be financed in full through Ipsos’ available cash.

Truchot said: "This merger marks a decisive new step for our group because it opens the way for Ipsos to expand the scope of the ownership interest of the company’s executive management. It is a concrete demonstration of my desire and that of the Ipsos Board of Directors to ensure the company’s independence over the long term, an essential factor behind its strength and a guarantee of its neutrality."

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments

Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts