Stagwell acquires Montreal-Based Luxine Relations Publiques to strengthen Quebec PR and influencer marketing presence
Acquiring Company
Stagwell
Acquired Company
Luxine Relations Publiques
New York
MontrealCommerce and ShoppingAdvertisingMedia And EntertainmentArtificial IntelligenceMarketingAdvertisingMarketingDescription
Stagwell, the challenger network transforming marketing, has completed the acquisition of Montreal-based Luxine Relations Publiques. This acquisition is a strategic move to bolster Stagwell's presence in the Quebec market, combining the capabilities of Luxine with Veritas Communications as LuxineVeritas to focus on local markets across Canada and cater to the need for made-in-Quebec strategies for Quebec-based audiences.
Quick answer
Stagwell is acquiring Luxine Relations Publiques, announced May 2, 2024. Stagwell is based in New York, New York, United States.
- How much did Stagwell pay for Luxine Relations Publiques?
- The deal value was not disclosed.
- What does Stagwell do?
- Stagwell Inc. is a marketing and communications company headquartered in New York, NY, operating in the advertising and media industry.
- Where are Stagwell and Luxine Relations Publiques based?
- Stagwell is based in New York, New York, United States. Luxine Relations Publiques is based in Montreal, Quebec, Canada.
- Who are the decision-makers at Stagwell?
- Fundz holds 4 contacts at Stagwell. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Outbound.com expands with acquisition of Red Wall Marketing to enhance marketing solutions (April 30, 2024)
- G&S completes acquisition of MorganMyers, Inc. to expand expertise and offerings in Agriculture and Food (June 11, 2024)
- Bell Media successfully acquires OUTFRONT Media's Canadian Business (June 10, 2024)
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Frequently asked
Who acquired Luxine Relations Publiques?
Luxine Relations Publiques was acquired by Stagwell, based in New York. The deal was reported on May 2, 2024. Stagwell Inc. is a marketing and communications company headquartered in New York, NY, operating in the advertising and media industry. Stagwell is publicly traded (STGW) and operates in Commerce and Shopping.
When did Stagwell acquire Luxine Relations Publiques?
Stagwell's acquisition of Luxine Relations Publiques was reported on May 2, 2024. Stagwell, the challenger network transforming marketing, has completed the acquisition of Montreal-based Luxine Relations Publiques. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Luxine Relations Publiques do?
Luxine Relations Publiques is a corporate and consumer boutique PR agency in Montreal, with a focus on providing made-in-Quebec strategies for Quebec-based audiences. It is privately held, operating in Advertising, and is based in Montreal.
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