Search results: TBWA\South Africa

Phembani ups stake in TBWA\South Africa

Industrial holding company, Phembani Group, has upped its stake in TBWA\South Africa by 5%, taking its total holding to 25%. TBWA\SA, which is headquartered in Johannesburg and has six offices with over 550 employees, now has 30% black ownership, with employees retaining a significant minority stake in the firm. TBWA\SA has also announced that Prishani […]

TBWA\ South Africa increases stake in Openco

TBWA\South Africa has increased its stake in marketing communications agency Openco to 51% from a previous holding of 30%. Established in 2008, Openco is a 30-person communications agency with a client list that includes Hollard, Google, the JD Group, Kaizer Chiefs, Vodacom and Alstom. In 2013 it also won business from the SABC, SA Express, […]

BMW leaves Ireland/Davenport for OpenCo

by MarkLives (@marklives) BMW will be parting ways with its South Africa agency, Ireland/Davenport (a WPP agency), after a decade of working together. BMW was Ireland /Davenport’s founding client. The BMW business will be taken over by Openco (majority owned by TBWA\South Africa).

TBWA plans up to six acquisitions

by Herman Manson (@marklives) TBWA is looking at as many as six more acquisitions spread out over the next four quarters, says Derek Bouwer, ‎CEO at TBWA\South Africa. At the end of 2013, TBWA acquired 80% stake in youth marketing agency, HDI Youth Marketeers. It also increased its stake in marketing agency Openco to 51% from a previous holding of 30%.