Dentsu Aegis Network has bought
Local public Relations (PR) firm Perfect Relations Group, which will retain its
branding. The acquisition further strengthens Dentsu overall communications
offering in Indian Market. India’s Public Relations market size is estimated at
Rs 1200 crore growing at a rate of 15%.
Perfect Relations Group’s presence
spans across 19 offices and 50 cities in India with over 500 associates,
offering services including corporate reputation management, brand and
marketing communications, media management, and crisis management. The group
comprises Perfect Relations, Accord Public Relations, Image Public Relations,
Imprimis Life PR, India Media Monitor and Buzz. Its clients include the Coca-Cola
Co, Nokia, Bharti Airtel Ltd and Hondo Motor Co, among others.
Welcoming the development, PR
Industry leaders believe that the acquisition highlights the healthy growth in
the industry and continued focus of International conglomerates in the Indian
Market. Part of Japan’s Dentsu Inc., Dentsu Aegis Network is made up of nine
global network brands – Carat, Dentsu, Dentsu Media, iProspect, Isobar, mcgarrybowen,
MKTG, Posterscope and Vizeum and supported by its multi-market brands.
The network is headquartered in London
and operates in 145 countries worldwide with around 32,000 employees. In India,
Dentsu Aegis Network is supported through its global network brands namely
Carat, iProspect, Isobar, Posterscope, Vizeum, MKTG and Amnet along with the
Dentsu branded agencies – Dentsu Impact, Dentsu One, Dentsu India, Dentsu Media,
Taproot Dentsu and Dentsu Webchutney. Also, newly added to the group are the
recently acquired local brands Milestone Brandcom, WATConsult and Fountainhead
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