Stagwell to Expand Asia Presence With ADK Global Acquisition-February 2024-www.financetom.com

Stagwell to Expand Asia Presence With ADK Global Acquisition

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Stagwell to Expand Asia Presence With ADK Global Acquisition

Jan 16, 2025 3:43 AM

06:07 AM EST, 01/16/2025 (MT Newswires) -- Stagwell ( STGW ) said Thursday it plans to acquire ADK Global, a network of overseas subsidiaries managed by ADK Holdings.

Financial terms were not disclosed.

Japan-based ADK Global provides marketing services from 10 offices in the Asia Pacific.

The acquisition expands Stagwell's ( STGW ) global presence, the company said. "With the addition of ADK Global, Stagwell ( STGW ) now has a complete offering in [the Asia Pacific] of media, creative, and PR for any local, regional or global client opportunity," the company said.

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