Stagwell to acquire ADK Global, terms undisclosed

Stagwell (STGW) announced the intent to acquire ADK Global, a network of overseas subsidiaries managed by ADK Holdings. Headquartered in Japan and with offices in 10 markets around the world, ADK Global delivers integrated marketing solutions. By bringing ADK Global into Stagwell, the network’s regional staff count rises to over 2,000 team members, spanning agencies and affiliates on the ground in Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.