Huntsworth buys MMD and Quiller

Lord Chadlington's Huntsworth is to expand across large chunks of the former eastern bloc via the acquisition of 18-office MMD.

As revealed last week on PRWeek.com, the acquisition will see Huntsworth move into former Soviet states such as Russia, Ukraine and Kazakhstan, as well as Turkey.

Huntsworth last week also acquired nine-strong London corporate advisory agency Quiller.

Numis Securities analyst Lorna Tilbian said: ‘We ­believe the acquisitions are strategically very attractive, increasing Huntsworth's ­exposure to fast-growing markets.'

MMD's Geneva-based chairman Alistair McLeish will continue to ­operate the business.

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