Havas acquires digital comms group Fullsix for roughly $75m
Havas is acquiring Paris-based digital communications firm Fullsix for roughly $75m.
The advertising group has not made an acquisition of this scale in 15 years.
Fullsix was founded by Marco Tinelli and brought in about $67m in revenue last year. It has over 600 employees in France, Portugal, the UK, Spain, the US and Italy.
Yannick Bolloré, chief executive of Havas, said: "I am delighted to welcome all the Fullsix talents into the Havas family. We share common values and we both put innovation and integration at the heart of everything we do. I am confident that Marco and his team will further reinforce Havas' expertise on behalf of our clients, and that Havas will provide Fullsix with a major new source of growth."
Tinelli will continue to serve as president of Fullsix.