MCI group acquire majority stake in One Communications and Marketing Group Middle East
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MCI Group the global leader in meetings, events, congresses, association management and strategic consulting acquires controlling interest in One Communications and Marketing Group (ONE CMG) – the holding company of Turret Media, Saluki Media, tmh, ONE PR and ONE Digital – in the Middle East.
Chris Fountain, co-owner alongside MCI and group managing director, ONECMG said: “Having managed the business for over 10 years, under the guidance and mentorship of the founder, Richard Hease, for which I am extremely grateful, I am excited to take the business forward with my new partners MCI Group, the global leaders in engaging and activating audiences. The partnership will see us collaborate on future projects whilst building business across our client portfolios and we look forward to profitable growth across the group business.”
Richard Hease, chairman, Turret Media and TMH adds “During the last 12 years, Turret has launched some of the most successful business and consumer events in the region. The partnership with MCI, provides a new phase for the company that now covers all aspects of media marketing, events, video and promotions in the region, and I wish Chris and his new partners every success.”
“The collaboration with One CMG further strengthens our presence in the region. It not only increases our talent capacity by three times, it more importantly adds to our creative and marketing service offering. Moving forward, we will further increase the scope of our partnership in various fields and continue to innovate our combined service portfolio”, said Ajay Bhojwani, MCI Middle East Managing Director.
Robin Lokerman, Group President, MCI Group, added: “One CMG is an exciting business with exceptional talent and we are confident that our new collaboration will lead to substantial asset creation across the globe. We are already on track to create new events in Europe, Canada, Australia and USA and are looking forward to contributing even more towards the future success of our partnership.”