Press release
direct/ LBI International AB (publ.) (SE) - LBi acquires performance marketing agency Iven & Hillman in Germany
Stockholm/Amsterdam, 19 December 2007 - LBI International AB ("LBi"), the leading international full service digital agency, has acquired Iven & Hillmann GmbH & Co. KG and Iven & Hillmann Verwaltungs GmbH in Berlin, Germany ("I&H). I&H is one of the leading online marketing agencies in Germany, specializing in search engine marketing (SEM) and affiliate marketing.LBi CEO Robert Pickering states, "I&H is a leading interactive marketing company in Germany and strategically deepens our service offering geographically and in digital search related services. We expect rapid growth in the search engine marketing field which is still highly fragmented. Furthermore, I&H´s activities will support us in offering our blue chip clients full service".
Arend Lars Iven, CEO and one of the founders states, "We are excited to be joining LBi at a stage when I&H is poised for greater growth in Germany and abroad. LBi´s international footprint, portfolio of multinational clients and its entrepreneurial culture are all factors for us to join the company".
I&H expects revenue to exceed EUR 11 million for the full year 2007. The agency is located in Berlin and has approximately 22 employees.
The total purchase price will be determined on an earn-out arrangement. LBi expects this acquisition to be EBITDA and earnings accretive with immediate effect.
For further information please contact:
Robert Pickering, CEO, LBI International AB
+31 20 460 45 00, robert.pickering@lbi.com
Eva Ottosson, Group Communications Manager, LBI International AB
+46 709 41 21 40, eva.ottosson@lbi.com
Arend Lars Iven, CEO, Iven & Hillmann GmbH & Co. KG
+49 30 200 89 29 0, iven@iven-hillmann.com
Ron Hillmann, CEO, Iven & Hillmann GmbH & Co. KG
+49 30 200 89 29 0, hillmann@iven-hillmann.com
About LBi:
LBi is the leading international full service digital agency, servicing clients with marketing and technology solutions. The Company employs approx. 1,450 professionals located primarily in the major European and American business centers, such as Amsterdam, Atlanta, Berlin, Brussels, Copenhagen, London, Madrid, Milan, Mumbai, Munich, New York, Paris and Stockholm. Through interdisciplinary teams, LBi creates innovative multi-channel solutions for its national and international corporate clients by uniquely combining strategy development and creative design with specific industry expertise and latest digital technology. LBi is listed on Euronext in Amsterdam as well as on the OMX Nordic Midcap segment in Stockholm (symbol: LBI).
About I&H:
Iven & Hillmann is one of the leading online marketing agencies in Germany offering the full range of performance based online marketing services. In contrast to most of its German competitors, the Company has strong market positions in search engine marketing (SEM) and affiliate marketing providing it with a competitive edge. In search engine marketing, Iven & Hillmann focuses on sponsored listings and offers to selected clients as well high end search engine optimisation (SEO) advisory services.
LBi acquires performance marketing agency Iven & Hillman in Germany
http://hugin.info/86897/R/1177495/233970.pdf
The announcement distributed by Hugin directnews.
The issuer is solely responsible for the content of this announcement.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release direct/ LBI International AB (publ.) (SE) - LBi acquires performance marketing agency Iven & Hillman in Germany here
News-ID: 34224 • Views: …
More Releases for Iven
Vertical Ultrasonic Washing Machine Market Analysis By Top Keyplayers - PRECI Co …
The "Vertical Ultrasonic Washing Machine Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Vertical Ultrasonic Washing Machine Market, 2024-2031
Verified Market Research's most recent report, "Vertical Ultrasonic Washing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and…
Bottle Preform Lamp Inspection Machine Market SWOT Analysis and Demand With Fore …
The light inspection machine is a kind of pharmaceutical machinery used to detect drugs in order to ensure the safety of people's medication and prevent the occurrence of medication accidents. It is the inspection equipment after filling the glass bottle liquid. The light inspection machine is composed of a light inspection box, a light inspection table, a light inspection instrument and a computer display screen.
LOS ANGELES, United States: The global…
Global and United States Injectable Dry Powder Filling Machine Market Report & F …
This report focuses on global and United States Injectable Dry Powder Filling Machine market, also covers the segmentation data of other regions in regional level and county level.
Global Injectable Dry Powder Filling Machine Scope and Market Size
Injectable Dry Powder Filling Machine market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Injectable Dry Powder Filling Machine market will be able…
Global and United States Ampoule Filling Machine Market Report & Forecast 2022-2 …
This report focuses on global and United States Ampoule Filling Machine market, also covers the segmentation data of other regions in regional level and county level.
Global Ampoule Filling Machine Scope and Market Size
Ampoule Filling Machine market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Ampoule Filling Machine market will be able to gain the upper hand as they use…
Global and United States Ampoule Washing Machine Market Report & Forecast 2022-2 …
This report focuses on global and United States Ampoule Washing Machine market, also covers the segmentation data of other regions in regional level and county level.
Global Ampoule Washing Machine Scope and Market Size
Ampoule Washing Machine market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Ampoule Washing Machine market will be able to gain the upper hand as they use…
From the remains of civilisation: Calixto Bieito stages Richard Wagner’s „Pa …
Music Director Manfred Honeck conducts Wagner-Opera
Apocalyptic sentiment and questions of meaning is what Calixto Bieito deals with in his interpretation of Richard Wagner’s “Parsifal”, which premieres on March 28th, 2010 at 4 pm in the Stuttgart opera house. “Who are the bad ones?” Parsifal asks. Does Gurnemanz know the answer? The Catalonian director Calixto Bieito and conductor Manfred Honeck seek to find answers in the score.
Interpreting the title role of…
