Media and digital communications group Aegis has acquired six subsidiary companies owned by W Garden, Verbal Clint, Allin and others to beef up its iProspect France unit.
Founded in 2007 and with offices across France, W Garden specialises in Internet search and performance marketing solutions. The acquired businesses will be integrated into iProspect France's operations, with full integration expected to be completed in the early part of the third quarter of 2012.
At the end of 2011 it had gross assets of €5.0m. The price paid by Aegis was not divulged.
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
"This transaction ensures that iProspect will have the most comprehensive search and performance marketing capability in our market," claimed Thierry Jadot, Chief Executive Officer of Aegis Media France.
JH
-
Average earners now face £200,000 inheritance tax bill - how much will your estate owe?‘Double whammy’ of inheritance tax changes means even the estates of those earning the average UK wage could face bills, not just the very wealthy
-
Are the wealthy dodging more tax than previously thought?A new report suggests tax non-compliance among the wealthy could be worse than previously imagined. Is an overly complex system partly to blame?
