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
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.
In the doghouse: hundreds of investment funds are underperforming - is it time to sell?
News The latest Spot The Dog research from Bestinvest reveals 151 funds are failing to beat their benchmark. We reveal the worst performers
By Marc Shoffman Published
Nationwide: House prices creep up for the first time in over a year
Nationwide’s latest house price index reveals property prices are finally rising. Will this pattern continue in 2024?
By Vaishali Varu Published