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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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
-
Why CEOs deserve a pay riseOpinion The CEOs of big companies often come under fire for being grossly overpaid. But the truth, as per some economists, is the opposite. Do they merit a pay rise?
-
Europe prepares to stand alone as Trump turns on UkraineSupport for old military alliances is wavering in the US under Donald Trump. Europe’s leaders are rushing to fill the void. Simon Wilson reports
