Aegis Group acquires performance and search agency

Aegis Group, the FTSE 250 media and digital communications group, has acquired Netsociety, a performance and search agency in the Netherlands and Belgium, for an undisclosed sum.

The business, which has offices in Amsterdam and Belgium, is described as a specialist performance marketing agency, with a focus on search marketing and digital performance media.

The clients of the company, which was established in 2007, include Thomas Cook and ING.

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Julius Minnaar, Chief Executive Officer of Aegis Media Netherlands, said: "We are delighted to be acquiring Netsociety, which will enhance the prospects of our business in the Dutch and Belgian markets, ensuring we continue to produce outstanding work for our clients there. We welcome the Netsociety team into the fold and look forward to working with our new colleagues to leverage the exciting opportunities this acquisition will bring to our business in the Netherlands."

The share price edged 0.04% higher by 12:30.

NR