NEWS22 July 2011

M&C Saatchi to milk insight from new data consultancy

M&A UK

UK— Ad agency M&C Saatchi has invested in a new marketing data consultancy, Milk, set up by two former Ogilvy strategists Jane Hodson and Rhian Woods.

Saatchi has taken a 25% stake in the business, which will trade as M&C Saatchi Milk and will work closely with the group’s central strategy unit.

The investment comes at a time when M&C Saatchi is focused on fusing its insight and accountability offering, according to a statement.

Worldwide CEO Moray MacLennan said: “The customer insight function has evolved significantly over the past few years, and with data being a top priority, it’s more crucial than ever that we offer brands the key, actionable insights that will deliver them clear business growth.”

The Milk tie-up follows M&C Saatchi’s acquisition earlier this month of the social media agency Human Digital.

@RESEARCH LIVE

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