PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Dentsu

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Dentsu Acquires Steak Group Ltd - Acquisition Bolsters Dentsu Network’s Offerings & Roster of Award-Winning Digital Marketing Firms
Dentsu Acquires Steak Group Ltd

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/06/02 - Acquisition Bolsters Dentsu Network’s Offerings & Roster of Award-Winning Digital Marketing Firms. Tokyo: 4324

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Marketing/Newswire/PR Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Dentsu, the world’s #1 consolidated agency network and the world’s 5th largest marketing communications holding company*, announced today that it has acquired 100% of the share capital of Steak Group. Steak will operate under the supervision of Dentsu Network West, reporting to its London office.

Steak is a digital media company, with offices in London, New York and Melbourne. Its reputation for consumer engagement and delivering measurable results is reflected in its diverse client roster, which includes such innovative brands as Virgin Holidays, AXA, Swiftcover, Debenhams and Comparethemarket.com.

Steak currently has 94 employees and is led by Oliver Bishop, Co-founder and CEO, and Duncan Parry, Co-founder and Head of Paid Search. Seb Bishop is non-executive Chairman.

Steak was Interactive Media Awards Agency of the Year after only three years trading in 2008, and has since maintained top fifteen status in Marketing and New Media Age league tables for digital search agencies in the UK.

Jim Kelly, CEO of Dentsu Europe said,“I have followed Steak’s progress since it started in 2005, and admire enormously what Ollie and his partners have achieved. Digital media is a cornerstone of Dentsu Network West’s growth strategy. This acquisition is a great step in offering class leading digital solutions to our clients in Europe”.

Ollie Bishop said,“I'm excited about being part of Dentsu. They take digital seriously and want to be a leader in online marketing– and that's exactly our ethos at Steak. It's a perfect fit – we'll continue to grow as Steak and as a major part of Dentsu in Europe. Everyone past and present at Steak Group's companies in London, New York and Melbourne should be proud of what we’ve achieved in a short space of time – and look forward to an exciting future”.

The partnership enables Steak to both work with Dentsu’s European offices, and to offer to its clients Dentsu’s media expertise throughout Asia. Steak is currently exploring opportunities for its clients in South East Asia.

The acquisition also doubles Dentsu’s size in the UK (alongside Dentsu London and Dentsu Sports), and follows on Dentsu’s acquisition in January of the Düsseldorf based digital creative agency, Social Thinkers, further substantiating Dentsu’s commitment to digital growth and success in Europe. Jim Kelly will join the Steak board of directors along with Tim Andree, CEO of Dentsu Network West, and Executive Officer, Dentsu Inc. Seb Bishop will remain as non-executive Chairman.

Steak’s operations will continue to be run from its headquarters in Shorts Gardens, Covent Garden, London. As part of the transaction, Beringea the private equity investor, which invested in Steak in 2007 will fully exit the business and Trevor Hope, Beringea’s Chief Investment officer will step down from Steak’s Board.

Dentsu was advised by Clarity Capital Partners and Steak by Green Square Partners.

About Dentsu Network West

Dentsu Network West (Dentsu.com) is a dynamic, collaborative collective of Dentsu-owned companies in North America, Latin America, Europe and Australia, comprising 35 offices in 11 countries. Its operating companies include Dentsu-branded agencies as well as the industry’s most lauded names, such as ATTIK, 360i (on Advertising Age's 2010 A-List), mcgarrybowen (Ad Age's 2010 A-List, as well as their 2009 Agency of the Year), and Firstborn (on Advertising Age’s 2009 A-List). Dentsu Network West’s mission is to connect all of the future-obsessed, client-centric, entrepreneurial talent of the Network in service of its clients' businesses. Dentsu Network West is headquartered in New York, with regional hubs in London and São Paulo.

About Steak Group

Steak Group (steakdigital.co.uk) comprises digital marketing services companies Steak UK, Steak US, Steak Australia and Minute Steak. Steak specialises in paid and natural search marketing (SEM and SEO), social media marketing, affiliate management, display advertising and digital design. Steak’s clients include Virgin Holidays, Debenhams, Swiftcover and Dixons Retail in the UK; Trump Hotels, Maxim and UStoreit in the US; and Betfair, Best Western and Thrifty in Australia. Minute Steak provides cost-effective search and social media services to smaller budget advertisers including fashion brands, online retailers and business service providers. Steak is a previous winner of the coveted Media Agency of the Year award at the Interactive Marketing and Advertising Awards, and has offices in London, New York and Melbourne.

*According to Ad Age’s 2011 Agency Report

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Marketing/Newswire/PR Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Dentsu

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Marketing/Newswire/PR articles,
CATCH Visitors via Your Competitors Announcements!


Dentsu Acquires Steak Group Ltd

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Dentsu |
Publisher Contact: Jim Kelly 
+44 (0) 20 7529 9000 jimkelly[.]dentsueurope.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Dentsu securities in any jurisdiction including any other companies listed or named in this release.

Marketing/Newswire/PR via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Dentsu / Company Profile


Read Marketing/Newswire/PR Most Recent Related Newswires:

Laser Warning System Market Revenue Growth Predicted by 2025 According to Persistence Market Research
Elevation Gimbal System Market Projected to Witness a Single-Digit CAGR During 2017-2025 Finds PMR
Continuous-flow Stirred-Tank Reactor Market to Significant Growth Foreseen by 2026 Reports Persistence Market Research
Dentsu Announces Agreement to Acquire Majority Stake in Gleam Futures, a Digital-First Talent Management Company in the UK
Dentsu Announces Agreement to Acquire a 100% Stake in The Customer Framework Limited
Dentsu Announces Agreement to Acquire a 100% Stake in Novus Group Holdings Pte Ltd, a Content Marketing Agency in Singapore
Dentsu Announces Agreement to Acquire 95% Stake in Outfox Intelligence AB - the Largest Analytics and Conversion Optimization Company in Sweden
Otsuka Pharmaceutical Co., Ltd Wins Dentsu Advertising Grand Award for the Second Consecutive Year
Dentsu Announces Agreement to Acquire a 100% Stake in SesliHarfler - a Digital Creative Agency in Turkey
16th Annual Marketing Performance Management Benchmark Study Released
Dentsu Announces Agreement to Acquire a 100% Stake in media.at - a Full-service Media Agency in Austria
Span Global Services Presenting Ampliz at CeBITAus 2017
Dentsu Announces Agreement to Acquire 100% Stake in Accordant - a Leading Data Driven Agency and Adobe Specialist in Australia
AdvisoryHQ Names NewswireToday.com Top Five Best Press Release Distribution Services
Dentsu Announces Merkle Acquisition of DIVISADERO - A Data-Driven and Analytics Consultancy in Spain

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit RightITnow Ltd

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)