Announced
Financials
Sources
Tags
Acquisition
Cross Border
Private
Pending
Merger
Netherlands
Majority
Media Agencies
media company
Friendly
Single Bidder
Synopsis
Candid, a media agency, agreed to acquire De Media Maatschap, a media company in Amsterdam. Financial terms were not disclosed. "With M2Media, BBK and STROOM we already had a strong and growing position for media strategy, planning and buying. The addition of De Media Maatschap and the merger with STROOM is a strategically important step for us as it further accelerates our growth. As a result we are moving to an even stronger position in the Dutch market in terms of our market share in media investment management," Rudiger Wanck, Candid CEO.
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