“Information that leads to solutions”
Source:Relatório reservado nº3352 07/04/2008
A IOB, tradicional consultoria da área jurídica, voltou para a vitrine. Seus controladores, um grupo de executivos da própria empresa, procuram um comprador. Não faz nem um ano que eles pagaram R$ 50 milhões à francesa Thomson para ficar com a IOB.
IOB, a traditional legal affairs consultancy, is back in the shop window. Its controlling partners, a group of its own managers, are in search of a buyer. Not a year has gone by since they paid R$50 million to the French firm Thomson for the company.
There is a French Thomson, but it is a technology company.
The Thomson Corporation that has just approved a merger with Reuters is Canadian and listed on the Toronto Stock Exchange.
Unless Canada merged with France and I failed to hear about it.
The IOB’s short version of its corporate history, from its Web site:
Após ser adquirida pela multinacional canadense Thomson Corporation, a IOB passou por processos de inovação tecnológica e desenvolvimento de novos produtos, o que permitiu seu crescimento e a manutenção de sua liderança de mercado.
After being acquired by the Canadian multinational Thomson Corporation, IOB underwent processes of technological innovation and new product development, enabling it to grow and maintain its market leadership.
Em junho de 2007, a IOB foi adquirida por um grupo de investidores brasileiros e passa a ter um novo controle acionário. Com energia renovada, a IOB reafirma seu compromisso de servir às comunidades contábil e jurídica com segurança e agilidade. Valorizando suas raízes, continuará construindo as bases para um futuro cada vez mais promissor.
In June 2007, IOB was acquired by a group of Brazilian investors and now has new controlling shareholders. With renewed energy, IOB reaffirms its commitment to serving the legal and accounting communities …
I am somewhat familiar with their products from the sebo of São Paulo, where I hunt for books that explain how the hell things work around here. It’s true: Thomson left their mark on the company. Apparently in a good way.
I will be spending the day in the dentist’s chair, and getting my orifices probed, tires rotated, oil changed.
My chassis has reached the 100,000-mile mark all of a sudden.
Filed under: Accounting, Brazil, Consulting, Legal Affairs, M&A, Media
