Aegis Acquires Russia's Ad O'clock

  • November 9, 2011

Aegis Group, the parent of Carat, Isobar, Vizeum, Posterscope and other agencies and media networks, this morning said it acquired Ad O’clock, a full-service agency specializing in media and digital marketing in Russia. Terms were not disclosed, but Aegis said Ad O’clock, which was founded in 2008, has 52 employees and gross assets of $4.08 million.

Aegis said Ad O’clock’s roster includes a “strong core” of locally based clients, including state-owned companies such as Gazprom and the Russian state pension fund, as well as international clients including Polish pharmaceutical company Polpharma and French retailer Castorama.

 

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