Fishawack Group has acquired Healthcircle Advertising, one of the world’s biggest independent medical communications and marketing operations.
The sums involved haven’t been released, but according to the latest filing on Companies House, Healthcircle Advertising’s balance sheet showed its net current assets were worth £1.8m (2017), up from £922k the year before.
“This acquisition is a major step in Fishawack’s plan to build a global strategic creative agency that can work alongside our medical communications business,” explained Oliver Dennis, chief executive officer of the Fishawack Group.
“We also acquired US-based Carling Communications in July last year. Carling needed critical mass in Europe and Healthcircle needed a US partner. This is a great match and positions us to deliver integrated creative and medical communications solutions on a truly global scale.”