Ciesco advises the shareholders of Lemz on the sale of its business to Havas Group

Seller
Buyer
Location
Netherlands / France
Date
03/11/2016
Sell side advisory
Marketing Services / Marketing Group

About this transaction

Ciesco advises the shareholders of Lemz, one of Europe’s most-awarded creative independent agencies, on the sale of its business to Havas Group (HAV:EN; market cap of €3.0bn), one of the world’s largest global communication groups.

Lemz will join forces with Havas Boondoggle, the Group’s existing Amsterdam-based creative agency, to create “Havas Lemz”, a combined 80 talent-strong agency led by Willem van der Schoot, CEO of Lemz, that will leverage on the Group’s Together strategy to build a creative hub from which impactful integrated creativity can be delivered.

Ciesco acted as the exclusive advisor to the shareholders of Lemz.

About Lemz

Founded in 2000, Amsterdam-based Lemz is widely considered a thought leader on pro-social marketing, helping brands “make sense” by delivering creative campaigns that are meaningful, purpose-driven and socially relevant.

Their unique creative consulting approach and world-renowned output has won them numerous awards – at the Cannes Festival of Creativity in 2014 they ranked second globally in the “Best Independent Agency of the Year” category, winning 13 Gold Lions, 1 Silver Lion, and the Cannes Grand Prix for Good.

About Havas Group

Havas Group is one of the world’s largest global communication groups, employing 20,000 people in over 100 countries. Havas is committed to being the world’s best company at creating meaningful connections between people and brands through creativity, media and innovation.

Havas is also the most integrated group in its sector: their Together strategy is implemented through Havas Villages where most creative and media teams share the same premises which increases synergies for clients and better serve their needs.

Willem van der Schoot, Founder & CEO, Havas Lemz
"Ciesco's strategic, financial and operational advice was highly valued throughout the process. Their understanding of our vision and strategic goals was crucial in securing us the right partner. In Havas we found the prefect fit in terms of vision, ambition, making sense and chemistry."
Willem van der Schoot, Founder & CEO, Havas Lemz