Dentsu Aegis Network To Acquire MKTG Inc.
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Dentsu Aegis Network, the first truly global communications network for the digital age, today announced that it has entered into a definitive agreement under which it will acquire all outstanding shares of MKTG INC, a New York-based marketing agency. MKTG INC will be integrated with Dentsu Aegis Network’s global experiential network, psLIVE.
MKTG INC is a full service marketing agency headquartered in New York with offices in San Francisco, Los Angeles, Chicago, Cincinnati and London. Through its 340 full-time staff, MKTG INC provides experiential marketing, digital marketing, retail promotions and strategic research and planning to a variety of the world's most recognizable brands.
“This acquisition represents a significant and important step forward for Dentsu Aegis Network in the US” said Nigel Morris, CEO of Dentsu Aegis Network Americas & EMEA. “We are very intentional about the brands we bring into our network and MKTG’s unique aptitude in creating face-to-face connections with consumers will help to further expand our network’s vision, commitment and ability to help brands effectively navigate today’s convergent media landscape.”
The transaction, which is expected to close during the third calendar quarter of 2014, is subject to the approval of MKTG’s stockholders and other closing conditions.
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For further information contact:
Kirsten Doddy
Global Head of Corporate Communications
T: +44 (0)207 070 7751
E:kirsten.doddy@dentsuaegis.com
Donna Wiederkehr
CMO, Dentsu Aegis Network, Americas
T: 917-326-7329
E:donna.wiederkehr@dentsuaegis.com
Notes to Editors:
About Dentsu Aegis Network
As part of Dentsu Inc., Dentsu Aegis Network is the first truly global communications network for the digital age. Through its eight global network brands - Carat, Dentsu, Dentsu media, iProspect, Isobar, mcgarrybowen, Posterscope and Vizeum - and supported by its specialist/multi-market brands including Amnet, Amplifi, Data2Decisions, Mitchell Communications (PR), psLIVE and 360i - Dentsu Aegis Network is Innovating the Way Brands Are Built for its clients through its best-in-class expertise and capabilities in brand, media and digital communications services. Offering a distinctive and innovative range of products and services, Dentsu Aegis Network is headquartered in London and operates in 110 countries worldwide with over 23,000 dedicated specialists.