The Drum Awards for Marketing - Extended Deadline

-d -h -min -sec

Publicis Groupe

Publicis places £25m value on Pixelpark as it eyes full acquisition

Author

By The Drum Team, Editorial

January 30, 2012 | 1 min read

Marketing service group Publicis is attempting to acquire the remaining shares of German digital communication agency Pixelpark.

The group already owns a 57% stake in the company with a value of around £25m reportedly being placed on the company as a whole.

According to Marketing Services Financial Intelligence, Publicis has offered to pay €13.3 million to acquire the remaining shares of the agency, which was founded in 1991.

Pixelpark has offices in Hamburg, Cologne, Bielefeld, Barcelona and Zurich and employs around 370 members of staff.

Publicis Groupe

More from Publicis Groupe

View all

Trending

Industry insights

View all
Add your own content +