Framfab acquires Oyster
Framfab has probably become the UK largest interactive full service business following the acquisition last week of Oyster Partners. Both companies have competed in the UK market for several years. Now operations in Oyster and Framfab UK will be fully integrated following the acquisition.
Luke Taylor, CEO of Oyster, commented: “This transaction provides our clients and colleagues with additional depths of skills and capacity, particularly best in class creative and a wider range of specialist delivery skills. This deal is about growth and the consolidation of our leadership position. We do not plan any head count reduction across any of our service lines.”
Among Framfab’s clients we find: American Express, AXA, Cadbury Schweppes, Carlsberg Breweries, the Coca-Cola Company, Ericsson, Hydro Texaco, Kellogg’s, Kraft Food International, Nike, Volvo Group and UBS.