Advertising M&A » By The Online Investor Staff, updated Sun., Jul. 3, 4:32 PM
Recent mergers and acquisitions in the Advertising M&A category.
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Slide #38. SPAR Group, Inc. — Romanian Marketing Company
Acquirer:
SPAR Group, Inc. (NASDAQ:SGRP)
Acquiree:
Romanian Marketing Company
Details:
SPAR Group, Inc.announced the signing of a joint venture agreement to expand its operations in Romania. SPAR Group will control a 51% ownership interest in the company, SPAR Business Ideas Provider SRL, also known as SPAR BIP. SPAR BIP will specialize in the area of in-store merchandising.
SPAR Group is a merchandising and marketing services company, providing a range of services to retailers, manufacturers and distributors. Co. has two divisions: Domestic, which is comprised of all operations within the U.S; and International, which is a consolidation of all other operations and joint ventures. Co.'s business is distributed across various countries including, U.S., Japan, Canada, South Africa, India, Australia, China, Mexico, and Brazil. Co. provides six principal types of services: merchandising services, brand marketing services, new store openings and remodeling services, assembly services, distribution staffing services and retail compliance and price audit services.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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