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Mark Walton and Andy Hutchinson to purchase fuse8 from parent group

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By The Drum Team | Editorial

January 13, 2012 | 1 min read

Founders Mark Walton and Andy Hutchinson have announced that they are to purchase fuse8 Group limited from its parent company, fuse8 PLC.

Last year was a bad one for the agency, with Fuse 8 delisting from the Alternative Investment Market (AIM) and CEO Nigel Hunter stepping down at the agency after he failed to provide an updated review of the company’s performance.

Andy Hutchinson said: “We are pleased to announce this purchase and believe it will, in the long term be great news for the staff and clients of the agency. Under our ownership we will be able to commit the investment required to develop the business into one of the leading UK digital agencies.

‘’As far as staff, clients, suppliers and partners are involved then nothing changes. They will see seamless continuation in all aspects of the business with only the ownership changing hands.”

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