Mercer Acquires Denarius, A Leading Compensation And Benefits Survey And Information Products Firm Based In Chile

New York, December 15, 2014

Mercer announced today that it has acquired Denarius, a leading compensation and benefits survey and information products consulting firm based in Santiago, Chile. The acquisition further strengthens Mercer's capabilities in Chile, building upon strong relationships the firm has with multinationals and expanding Mercer's business with Chilean-based business organizations that rely on the expertise of Denarius.

“The combined strength of Mercer and the capabilities of Denarius address the growing interest of Chilean organizations in effectively managing their most important asset, their people, and thus achieving competitive advantage,” said Eduardo Ragasol, head of Latin America at Mercer. “Increasingly, successful organizations in Chile recognize the importance of good information on which to base decisions about how best to attract and retain key talent. Clients of both Mercer and Denarius will benefit from the scope, scale, and resources that we can apply to help them achieve success.”

The Denarius senior management team joining Mercer includes Gloria Landabur, Denarius General Manager, who will continue leading the Denarius organization, now reporting to Pablo Garcia Yañez, Chile Country Manager and Talent Leader, and Javier Tabakman, Latin America Talent Leader.

Terms of the transaction were not disclosed.