Dentsu acquires digital agency Steak Group

DentsuLONDON, June 2, 2011- Dentsu, the world’s #1 consolidated agency network and the world’s 5th largest marketing communications holding company*, announced today that it has acquired 100% of the share capital of Steak Group. Steak will operate under the supervision of Dentsu Network West, reporting to its London office.

Steak is a digital media company, with offices in London, New York and Melbourne. Its reputation for consumer engagement and delivering measurable results is reflected in its diverse client roster, which includes such innovative brands as Virgin Holidays, AXA, Swiftcover, Debenhams and Comparethemarket.com.

Steak currently has 94 employees and is led by Oliver Bishop, Co-founder and CEO, and Duncan Parry, Co-founder and Head of Paid Search. Seb Bishop is non-executive Chairman.

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