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Dentsu Announces Acquisition by Dentsu Aegis Network of Leading PR Agency Perfect Relations in India - Dentsu, Inc. announced that its global business headquarters Dentsu Aegis Network Ltd has acquired leading public relations (PR) agency Perfect Relations Pvt Ltd and five other agencies known collectively as the Perfect Relations Group
Dentsu Announces Acquisition by Dentsu Aegis Network of Leading PR Agency Perfect Relations in India

 

PRZOOM - /newswire/ - Tokyo, Japan, 2016/09/20 - Dentsu, Inc. announced that its global business headquarters Dentsu Aegis Network Ltd has acquired leading public relations (PR) agency Perfect Relations Pvt Ltd and five other agencies known collectively as the Perfect Relations Group. Tokyo: 4324

   
 
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Dentsu, Inc. (President & CEO: Tadashi Ishii; Head Office: Tokyo; Capital: 74,609.81 million yen) announced today that its global business headquarters Dentsu Aegis Network Ltd has acquired leading public relations (PR) agency Perfect Relations Pvt Ltd (Group CEO: Pradeep Kewalramani; Group Managing Director: Dilip Cherian; Head Office: New Delhi; hereinafter "Perfect Relations") and five other agencies known collectively as the Perfect Relations Group.

PR is an important part of the advertising and communications business in India. The PR market is expected to grow between 10-12% over the next 3-5 years and represents a significant market opportunity for future growth.

Founded in 1994, Perfect Relations Pvt Ltd (perfectrelations.com) is part of the Perfect Relations Group which also includes five other companies: Accord Public Relations Pvt Ltd, Image Public Relations Pvt Ltd, Imprimis Life PR Pvt Ltd, India Media Monitor Partnership and Buzz Partnership. It has 19 offices across India with close to 500 employees and more than 100 freelance consultants and contractors across 50 cities. The wide range of PR services provided include corporate reputation management, brand and marketing communications, media management, investor relations, public advocacy solutions and crisis management. The Perfect Relations Group is held in high regard in the Indian market, and its agencies have won several PR, corporate communications and crisis management awards, including the Consultancy of the Year and Best Integrated Campaign awards.

Going forward, the Perfect Relations agencies will work with other Dentsu Group companies to accelerate the Group's global growth strategy in India.

The impact of this transaction on Dentsu's consolidated financial results for the fiscal year ending December 31, 2016 is expected to be minimal.

Profile of Perfect Relations
Company Name: Perfect Relations Pvt Ltd
Headquarters Location: New Delhi, India - Offices also in Mumbai, Gurgaon, Bangalore, Kolkata, Kochi, Chennai, Hyderabad and Pune
Date of Establishment: February 1994
Shareholding Ratio*: Dentsu Aegis Network 100% *After acquisition has been completed
Revenue: INR 608,194, 279 (year ended March 2016)
Representatives: Pradeep Kewalramani (Group CEO); Dilip Cherian (Group Managing Director)
Number of Employees: 494
Line of Business: Full suite of public relations services.

 
 
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Dentsu Announces Acquisition by Dentsu Aegis Network of Leading PR Agency Perfect Relations in India

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Dentsu, Inc. | Perfect Relations (P) Ltd
Contact: Shusaku Kannan - Dentsu.co.jp 
+81 3-6216-8042 s.kannan[.]dentsu.co.jp
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Dentsu securities in any jurisdiction including any other companies listed or named in this release.

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