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Publicis Groupe SA Acquires Malaysian Interactive Agency Arachnid
Publicis Groupe SA announced the acquisition of 100% of Arachnid, a Malaysian digital agency. The agency's portfolio of clients includes Dutch Lady (dairy), Lexus, MINI, Petronas (oil and gas), Reckitt Benckiser, and Toyota, and the agency serves over 25 markets across North America, South America, Western & Eastern Europe, Africa, Asia and Australia. The agency will be rebranded Saatchi & Saatchi Arachnid, and becomes part of the Saatchi & Saatchi network in the Asia-Pacific region. Financial terms of the transaction were not disclosed.
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