Stagwell (STGW) said Thursday it plans to acquire ADK Global, a network of overseas subsidiaries managed by ADK Holdings.
Financial terms were not disclosed.
Japan-based ADK Global provides marketing services from 10 offices in the Asia Pacific.
The acquisition expands Stagwell's global presence, the company said. "With the addition of ADK Global, Stagwell now has a complete offering in [the Asia Pacific] of media, creative, and PR for any local, regional or global client opportunity," the company said.