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FINANCIAL NEWS
US PR agency Edelman acquires Dubai’s DABO & Co
14 Sep 2015
(MENAFN) Global PR agency Edelman has completed the acquisition of Dubai-based agency DABO & Co to create a new co-branded entity, according to an announcement.
The value of the deal, first announced in April 2015, was not disclosed. Called Edelman DABO, the new entity will club communications marketing, experiential and digital capabilities of both the companies.
The combined agency will have over 150 employees across Dubai and Abu Dhabi and a roster of 50 clients across the Middle East, a statement by both companies said.
“This acquisition leaves us perfectly positioned for dynamic growth. We now have scale, local and regional expertise, and a business that is well balanced,” Edelman’s CEO said.
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