Lewis Silkin advises Publicis Groupe on acquisition of 75.1% of Walker Media
28 November 2013
Lewis Silkin has advised Publicis Groupe, one of the largest communications groups in the world, on its acquisition of 75.1% of Walker Media, one of the leading independent media agencies in the UK.
Lewis Silkin has advised Publicis Groupe, one of the largest communications groups in the world, on its acquisition of 75.1% of Walker Media, one of the leading independent media agencies in the UK.
Under the terms of the agreement, Walker Media will become part of the ZenithOptimedia Group, a leading global media services network that forms part of the Publicis Groupe’s portfolio of companies. Walker Media will remain as a separate agency in the UK, and will be a key cornerstone of a new global media network that will sit within the ZenithOptimedia Group. The new ZenithOptimedia Group network will be launched in 2014.
For this transaction, the Lewis Silkin team was led by Corporate partner Paul Rajput and he was supported by Corporate associates Helen Ewing and Sadiq Tajbhai and Corporate Tax associate Matthew Rowbotham. Paul says “This deal continues Lewis Silkin’s involvement in a series of significant strategic transactions undertaken over the past few years by Publicis Groupe, with this deal establishing competitive advantages for both parties, and their clients, with Publicis Groupe growing its already formidable UK media strategy, planning and buying capabilities and Walker Media expanding its offering globally”.
For more information please contact David Lawrence.
David Lawrence
Business Development and Marketing Manager
Tel: 020 7074 8260
Email: david.lawrence@lewissilkin.com