Ketchum embraces Sampark founders Bela, N S Rajan

13 Apr 2011

1

Ketchum, part of the Omnicom group and one of the world's largest global public relations consultancies, has acquired a 51-per cent stake in Mumbai-based Sampark PR, one of the largest PR firms in India, for an undisclosed amount.

Sampark will now operate as Ketchum Sampark. This acquisition further expands Ketchum's footprint in markets with rapidly growing demand for communication services. It had recently acquired similar firms in China and Russia.

The deal will enable Ketchum's roster of international client businesses and global brands. In turn, Ketchum will provide greater access to international markets for Indian companies and brands.

"Its yet another important milestone for Ketchum as we continue to implement our global vision of providing consistently excellent communications service to our clients in the key business and communications markets where they operate," Ketchum senior partner and chief executive officer Ray Kotcher said in a statement.

He also said that told a Mumbai paper on Tuesday that N S Rajan and Bela Rajan, the husband and wife team who founded Sampark in 1994, would continue to give direction to the agency while retaining a significant holding in it. Ketchum has in fact already been working in alliance with Sampark for about three years.

Sampark PR has a national reach with offices in Mumbai, New Delhi, Kolkata, Chennai, Bangalore, Pune and Hyderabad, and a network of 80 associate offices across the country. This will help easy penetration for Ketchum, the statement said. In turn, Ketchum will provide greater access to international markets for blue-chip and burgeoning Indian companies and brands.

Latest articles

Ford cancels $6.5 billion battery deal with LGES amid massive EV strategy reset

Ford cancels $6.5 billion battery deal with LGES amid massive EV strategy reset

Tesla opens its first charging station in Gurugram, expands India EV footprint

Tesla opens its first charging station in Gurugram, expands India EV footprint

Vedanta Aluminium expands Lanjigarh refinery to 5 MTPA, boosts India’s global rank

Vedanta Aluminium expands Lanjigarh refinery to 5 MTPA, boosts India’s global rank

Larsen & Toubro wins large orders for Omkareshwar museum and FIFA stadium

Larsen & Toubro wins large orders for Omkareshwar museum and FIFA stadium

ACME Solar commissions 52 MW of Gujarat wind project; shares rise

ACME Solar commissions 52 MW of Gujarat wind project; shares rise

Ola Electric founder clears ₹260 crore debt via stake sale; stock hits record low

Ola Electric founder clears ₹260 crore debt via stake sale; stock hits record low

ITC gets CCI nod for Rs3,498-cr acquisition of Aditya Birla Group’s paper and pulp manufacturing business

ITC gets CCI nod for Rs3,498-cr acquisition of Aditya Birla Group’s paper and pulp manufacturing business

IndiGo overtakes Air India Group in international traffic after six-year gap

IndiGo overtakes Air India Group in international traffic after six-year gap

MUFG to bet big on India with $4 billion stake in Shriram Finance

MUFG to bet big on India with $4 billion stake in Shriram Finance

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers