Announced
Completed
Synopsis
JCDecaux, an outdoor advertising company, completed the acquisition of a 70% stake in IMC, a foreign communication company. Financial terns were not disclosed. "We are delighted to acquire and merge with IMC and thus strengthen our position in Central America, especially in Costa Rica, where we will take advantage of the solid results generated by the company. We are also pleased to welcome IMC shareholders, who share the same values as JCDecaux and have a solid track record in the external communication business. This new alliance of family businesses is based on the shared ambition to provide the best solutions to all its stakeholders: cities, transport companies, airports, retail media, advertisers and their communication agencies. After the merger with the Publigrafik Group, this new acquisition/merger is another significant milestone in our development in the region," Jean-Charles Decaux, JCDecaux Chairman of the Board and Co-CEO.
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