Dentsu USA to Acquire ATTIK Inc. of the US and ATTIK Ltd. of the UK
Dentsu Inc. announced that its consolidated subsidiary Dentsu Holdings USA, Inc. (President: Hiromi Yoshida; Head Office: New York City, NY) will acquire creative boutiques ATTIK Inc. of the United States (Head Office: San Francisco, CA) and ATTIK Ltd. of the United Kingdom (Head Office: Leeds).
It was agreed between Dentsu Holdings USA and ATTIK’s shareholders for Dentsu Holdings USA to purchase 100% of the outstanding shares of the two companies.
Following the acquisition of the two companies’ shares, ATTIK Inc. will be merged into Dentsu Holdings USA subsidiary Dentsu America, Inc. (Head Office: New York City, NY) to become a division of that company. ATTIK Ltd. will become a subsidiary of Dentsu Holdings USA.
Purpose of the Share Acquisition
The two ATTIK companies being added to the Dentsu Group on this occasion are creative boutiques renowned for their ability to produce unique and unconventional ideas. It is envisaged that these companies will help strengthen the Group’s operations in the United States and Europe by further enhancing client services and bolstering growth potential.
Outline of the Share Purchase Agreement
Dentsu Holdings USA will acquire 100% of the shares of each of ATTIK Inc. and ATTIK Ltd.
On the same date as the execution of the share purchase agreement, ATTIK Inc. of the United States will be merged into Dentsu America. ATTIK Ltd. of the United Kingdom will become a wholly owned subsidiary of Dentsu Holdings USA.