Sign up for afaqs! Newsletters
The deal will enable Edelman to offer seamless integration across multiple channels for marketing and communications programmes.
Edelman India has announced the complete acquisition of Cream Events to strengthen the firm's experiential marketing capabilities. The new acquisition will enable Edelman to offer seamless integration across multiple channels for marketing and communications programmes.
As part of the Daniel J Edelman India group of companies, Cream Events will continue to trade and operate as an independent brand and separate legal entity.
The acquisition represents a further step by Edelman to bring its 'Public Engagement' communications model to the Indian market that centres on the development of creative content and media-agnostic ideas.
Harshad Chavan, managing director, Cream Events, says, "We have established Cream as the preferred agency for the lifestyle sector by delivering brand experiences for more than 250 brands to date. It is the right time for us to diversify and expand our capabilities with creativity as the centre of our success. We are confident of partnering with Edelman for the spectacular work and creative thinking displayed by the firm as well as a strong network of global best practices that enables us to leverage synergies."
The content will engage stakeholders through multiple communications channels, including traditional media (print and broadcast), hybrid media (blogs and online publications), social media, owned media (websites, Facebook pages) and experiential marketing.
Edelman has spearheaded the 'Public Engagement' model as a response to the increasingly complex communications environment, where brands and corporations can no longer have full ownership or control over their messages and reputation.
In addition, the acquisition enables Edelman to utilise Cream's celebrity and influencer management business, which adds another capability to the mix. "Having it all in one basket ensures consistency of message and allows our clients to minimise their interface with multiple agencies,"
adds Holdheim.