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Llyc Acquires the Creative Agency China

The employer will keep to operate independently and under the management of its founding partners. From left to right, behind: José Antonio Llorente, Rafa Antón, Luisa García, Pedro Calderón.
In the front: Marta Aguirrezabal, Bhutan Email List David González Natal. The consulting firm Llorente y Cuenca has reached an settlement to acquire the creative enterprise CHINA as a part of a strategic growth plan with which it intends to double its size in the next five years. With this operation, LLYC reinforces its commitment to creativity as a lever for business improvement.

LLYC acquires 70% of the agency , so that it will keep to function independently and under the management of its three founding partners, Marta Aguirrezabal, Rafa Antón and Pedro Calderón. ” With CHINA we make stronger the offer for our clients consistent with the more and more growing market demand for the integration of services and solutions, which integrate strategic vision, creativity and the sensible use of technology “, highlighted José Antonio Llorente, Founding Partner and President of LLYC in a declaration.

LLYC debuted on BME Growth on July 22
It should be referred to that Llorente y Cuenca debuted on BME Growth – previously referred to as the Alternative Stock Market – on July 22. It has started out trading with a reference fee of nine.39 euros per percentage, which represents a total valuation of the corporation of 109 million euros. LLYC goals to obtain revenues of a hundred million euros at the end of 2024. The objective is to consolidate itself as an vital issuer in Communication and Public Affairs Consulting, with capacities in Creativity, Marketing and Technology and, at the same time, make stronger the international leadership of the organization .

As talked about by way of the consulting firm, each companies share a totally comparable vision regarding the need to be greater applicable in society via tales that upload price inside the predominant conversation areas, which they consider the main project for brands inside the current context. Although they arrive from specific disciplines, they converge to respond to this venture through creative answers completed with impeccable satisfactory, which connect with society, producing conversation, value and differentiation for manufacturers and companies.

In this sense, the organization considers this motion as an opportunity to boost their capacities . “ Since we founded CHINA, greater than eleven years in the past, we’ve got had superb reports ,” commented Marta Aguirrezabal, Founding Partner and Executive Director of CHINA. “ Now with LLYC we’ve got a great possibility to maintain to similarly empower our group and the work we do for our clients. We couldn’t have a better journey accomplice ”.

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Rafa Antón: “The hassle is that today there are numerous greater manufacturers than reasons”
With the acquisition of the employer, LLYC reinforces its dedication to creativity, which it understands as a concern for all styles of groups and past the borders of advertising and marketing and advertising and marketing. In this regard, they have got highlighted the path set out by way of CHINA. “ We recognize the work that CHINA does for brands, their creativity is clearly transformative and they execute it with impeccable excellent. I am certain that collectively we will make very applicable contributions to our customers ”, highlighted Luisa García, Partner and CEO of LLYC Europe.

As pointed out by way of the consultancy, the incorporation of CHINA will help LLYC to promote these creative disciplines extra fast in all markets where it operates. For its element, the enterprise may be able, thanks to the company’s community, to participate in multinational tasks or with the most applicable manufacturers inside the countries in which it is gift. ” Joining our forces and capabilities now, we’re sure that it’s going to permit us to empower and improve our groups and the work we do. This is a new stage that in CHINA we are facing with brilliant enthusiasm and enthusiasm to do a extra incontestable and far-accomplishing work ”, talked about Pedro Calderón, Founding Partner and Executive Director of the organisation.

CHINA works for manufacturers along with Adolfo Domínguez, Cervezas Alhambra or Flex
For his part, Rafa Antón, Founding Partner and Creative and Strategy Director of CHINA, is expectant approximately the opportunities which could B2B Phone List get up from this union . ” We usually say that curiosity is what honestly actions all of us who is devoted to creativity, ” he said in a declaration. “ We commenced a new stage collectively with a few certainties, but also with the stunning feeling that things are going to occur that we nevertheless have no concept how they will be. That is constantly fun . ”

 

 

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