Additional Information
Content
Aegis acquires Lithuanian media agency
Communications and market research group Aegis has acquired Lithuanian media agency Creative Media Services UAB.
Jerry Buhlmann: chief executive of Aegis Group
The 13-year-old CMS, which had gross assets valued at £1.1m at the end of 2010, specialises in servicing clients in all areas of media planning, buying and research.
The deal, terms of which were not revealed, will see CMS become part of Aegis Media's Vizeum network in the Baltic region.
Jerry Buhlmann, chief executive of Aegis Group, said: "As a leading operator in the Lithuanian market, with an excellent reputation for their media expertise, the acquisition of CMS gives Aegis Media a significant foothold in Lithuania, extending our expertise and bringing local client relationships.
"The acquisition also enables us to offer the full range of Vizeum services on a pan-Baltic level."
The acquisition follows an announcement last week from WPP that its global marketing network Wunderman had combined its digital business in Austria with local online marketing business of PXP.
Wunderman acquired a majority stake in the new combined business, which has been named Wunderman PXP.
This article was first published on campaignlive.co.uk
Additional Information
Latest jobs Jobs web feed
- senior planner > SPORTS BRANDS collectivo Up to £90,000 plus benefits, London
- Head of Media, Marketing & Communications PGA Competitive, Sutton Coldfield, West Midlands
- Account Director- Exciting Online Content Marketing Company- Up to £70,000 plus OTE Cedar Scott Up to £70,000 basic (up to £90,000 OTE) plus share options, Central London
- ACCOUNT DIRECTOR/SENIOR ACCOUNT DIRECTOR - BTL/SP/Brand Experience - London - £45 - £55k plus bonus Judi Patton £45K-55K plus bonus, London/Greater London
- Senior Planning Director, International Agency, London, to £120k Fill Recruitment Ltd to £120,000, Central London
- Head of Customer Analytics - Consultancy Harnham £90000 - £100000 per annum + benefits, London
Most read
Most commented
BR Insight
Digital Integration: Connecting the Dots (Webcast) External website
Integrated digital marketing offers huge opportunities to engage, servic...
Mobile 2013: Top 5 Need-to-Knows to Fully Cash In (Expert Reports) External website
Mobile marketing is coming of age, and the pace of change is now exponen...
Internet Shopping: 6 Quick Wins to Revive Your Online Sales (Expert Reports) External website
With UK consumers spending an average of £1,083 a year online, int...
Conversational Mobile Marketing: Engage Customers and Empower Advocates (Expert Reports) External website
The pressure is on for marketers and mobile operators to embrace a strat...
Tablets: Redefining Consumer Experiences (Webcast) External website
As a nation, the UK is media and technology obsessed with over half of t...
Harness the Power of Your Customer's Digital Voice (Webcast) External website
All customers have the potential to become your brand advocates, driving...
