ENVOY ACQUIRES LEAGAS DELANEY
By Adnews Staff
Toronto-based Envoy Communications Group has acquired London-based advertising agency Leagas Delaney for CDN$132 million. The acquisition is part of Envoy's growth strategy to strengthen its core areas of business including technology, marketing and design. Geoff Genovese, president and chief executive of Envoy, hinted of an agency acquisition two weeks ago to strengthen its Toronto ad shop Communiqué. Leagas Delaney, which has offices in London, Hamburg, Paris, Rome and San Francisco, will open a Toronto location that will merge with Communiqué.
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