The World: Santiago - Aegis buys CIMA market research company

Aegis has boosted its Latin-American presence by acquiring the Chile-based market research group CIMA.

The company has full-service offices in Colombia, Peru, Ecuador, Bolivia and Costa Rica, and relationships with a number of the global clients of Synovate, the Aegis market research operation.

Latin America has become one of the world's fastest-growing areas for market research in recent years. In 2006, the continent represented 5 per cent of the global market, with year-on-year growth of 17 per cent.

Robert Lerwill, the Aegis chief executive, said: "CIMA Group will transform Synovate's Latin America footprint in one go."