Global Insight, Inc., a supplier of data and analysis regarding the automotive industry, has announced it has completed the acquisition of UK-based SupplierBusiness Limited.
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It says the new business combination will bring together Global Insight’s automotive analysis and forecasting services with the research and intelligence on automotive production offered by SupplierBusiness.
Global Insight says it will combine its extensive data, forecasting, same-day analysis, advisory services, and international perspective on auto demand and sales with SupplierBusiness’ comprehensive knowledge and understanding of the global automotive supplier base through its tracking of 500 of the world’s leading automotive suppliers, and its database of over 50,000 contractual relationships between OEMs and suppliers.
SupplierBusiness will continue to operate under its name and as “A Global Insight Company.”
SupplierBusiness, with revenues approaching US$2.0m, 1,500 clients and 30 employees located in the United Kingdom and Gurgaon, India, provides an overview of the trends and issues affecting the global automotive supplier sector through its subscription-based weekly Insight and monthly Analysis newsletters, delivered through the Web.
In addition, SupplierBusiness also compiles and publishes reports and databases on the global automotive supply base.
“This acquisition will immediately provide significant benefits to the clients of both SupplierBusiness and Global Insight,” said Joseph E. Kasputys, chairman and chief executive officer of Global Insight.
“By combining SupplierBusiness’ thorough coverage of the supply-side of the automotive industry with Global Insight’s forecast and analysis of the automotive markets, we can provide a more comprehensive understanding of one of the world’s largest and most dynamic industries. The SupplierBusiness acquisition consolidates our position as the automotive industry’s primary source of intelligence, solutions, and insights for planning and decision making,” concluded Kasputys.
“Automotive suppliers are assuming an increasingly critical role in the growth and restructuring of the automotive sector,” said Edmund Chew, chief executive officer of SupplierBusiness and its former owner.
“We are looking forward to working with the automotive team at Global Insight to develop new products and services to meet their needs over the next few years.”
