Abu Dhabi-based holding company Multiply Group has announced its complete acquisition of DOOH advertising company BackLite Media.
The deal includes all operating entities of BackLite Media and is a step in Multiply Group’s broader strategy to enhance and consolidate its Media vertical.
Samia Bouazza, Group CEO and Managing Director of Multiply Group, commented: “The full acquisition of BackLite Media is another strategic milestone in our journey to build an integrated multi-brand media powerhouse.
“This expansion underpins our commitment to driving shareholder value by creating long-term growth and further strengthening Multiply Media’s valuation as we continue readying the vertic
To continue reading this article you need to be registered with Campaign. Registration is free and only takes a minute. Register Now or sign in below if you already have an account.