As Motivcom is sold to Sodexo and Nigel Cooper buys out Zibrant, C&IT talks to key players about the past, present and future for the agency
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As Motivcom is sold to Sodexo and Nigel Cooper buys out Zibrant, C&IT talks to key players about the past, present and future for the agency
C&IT has spoken to key industry figures for their reaction to the £2.9m management buyout of events agency Zibrant and the sale of Motivcom to Sodexo for £41m.
In a press release today Motivcom have announced that the board of Sodexo Motivation Solutions U.K. Limited, a wholly-owned subsidiary of Sodexo SA, and the independent directors of Motivcom plc are pleased to announce that they have reached agreement on the terms of a recommended acquisition under which SMSUK will acquire the entire issued and to be issued ordinary share capital of Motivcom
C&IT’s Top 50 events agencies are ranked by 2013 UK event-based turnover, and this year’s table has seen several big climbers and a number of new entries
C&IT’s Top 50 events agencies are ranked by 2013 UK event-based turnover, and this year’s table has seen several big climbers and a number of new entries
Two of Motivcom’s event agency divisions, Zibrant Global Events and P&MM Live!, are to merge into one event management, production and communication business, Zibrant Live!
Commenting on the results, Colin Lloyd, Chairman of Motivcom plc, said: “The Board is pleased to report on a successful period, in which operating profit increased and new client wins were secured across all divisions.
Motivcom, the marketing and motivation group, has acquired Zibrant, one of the UK’s leading event and motivation companies.