NEWS: Ferck Euro buys majority stake in Forman Grayling

German agency Ferck Euro PR has bought a 52 per cent stake in its Dutch affiliate Forman Grayling.

German agency Ferck Euro PR has bought a 52 per cent stake in its Dutch

affiliate Forman Grayling.



Under the deal both agencies will become part of Ferck’s holding company

European Communication Enterprises (ECE) but will continue to trade

under their own names. They will also maintain their status as PR

partners within the Grayling Group.



Based in Stuttgart, Ferck runs offices in Frankfurt and Munich and

achieved fee income last year of pounds 1.65 million. Forman Grayling is

based in Naarden and has a branch in Amsterdam. Fees for 1995 reached

pounds 354,000. The merger gives the companies a combined staff of

around 30.



Ferck managing director Sabine Hueckmann said the merger would enable

the two companies to offer clients cross-border services and develop

their core IT, healthcare, food, tourism and cosmetics business. ‘When

clients want international representation they often ask for the

Netherlands,’ she said.



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