Aegis Group, a media and digital communications group, has acquired the Hungarian Out-of-Home agency PPI Central Europe.
PPI will be rebranded to become part of the Posterscope EMEA division of Aegis's Posterscope Worldwide. The value of the gross assets of PPI at the end of 2011 was €1 million.
The acquisition is aligned with Aegis Group's strategy of broadening its service offering.
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
In a statement the firm said: "The new operation will add further strength to our comprehensive European network and bring new client opportunities into play by opening up central Europe."
NR
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
