Edelman, the world's largest independently owned public relations firm, announced on Sunday it has signed a deal to buy Dubai PR agency Dabo & Co.
Edelman, which has more than 5,500 employees in 65 cities worldwide and in 2014 had net revenues of around $780 million, will merge Dabo & Co into its UAE operations.
“Globally Edelman looks to invest in firms that are committed to reshaping the focus of the communications marketing industry, and Dabo & Co demonstrates this vision through its highly creative, client-centric approach,” said Matthew Harrington, global chief operating officer, Edelman. “As the industry develops in the Middle East, this partnership will position us to create engaging and innovative communications programs that support our clients’ needs.”
“We are excited to partner with Edelman as we believe this acquisition will unite two of the leading players in the market to create a regional powerhouse,” said Camilla d’Abo, managing partner, Dabo & Co.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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