Hill & Knowlton acquires remaining stake in Feedback Hill & Knowlton Poland
9 March, 2009
Hill & Knowlton has announced today that it has acquired the remaining 70% stake of Feedback Hill & Knowlton in Poland making it a wholly-owned office of the H&K group. The full acquisition further strengthens Hill & Knowlton’s presence in Central and Eastern Europe.
Founded in 1994, Feedback Hill & Knowlton, based in the Polish capital Warsaw, is one of the leading consultancies in the rapidly developing Polish PR market. With over 30 communications specialists, they have a strong competence across all areas of PR providing high level communication advice to local as well as international clients including GSK, HSBC, Michelin, Samsung, Reckitt Benckiser and Pepsi.
Hill & Knowlton and Feedback Hill & Knowlton have worked together since 1998. In 2000, Hill & Knowlton acquired a 30% stake. The full acquisition has no tangible effect on Feedback Hill & Knowlton’s management or organisational structure with Agnieszka Dziedzic remaining as President.
Cesare Valli, Chairman and CEO Hill & Knowlton Mediterranean & Central Eastern EU Region, commented: “This move is another very important sign of our strategy to continue to develop our presence with fully owned offices in every strategic market where our clients operate. Both national and international clients consider Poland as a growing strategic market and this acquisition will empower our local management to have even more opportunities to continue to grow in the development of our presence in the country and in the region.”
With this acquisition, Hill & Knowlton strengthens its market offer in one of the region’s fastest growing markets after Russia. There will be many opportunities to build on Feedback Hill & Knowlton’s existing reputation as a network agency with yet closer ties providing cross-border services.
According to Agnieszka Dziedzic Feedback Hill & Knowlton really stands out as a network consultancy amongst dozens of smaller agencies in the market: “There are a growing number of PR agencies with the increasing need for communications support in Poland. But only few have the level of expertise that we can offer. Our Clients are seeking international standards in PR and with Hill & Knowlton they can be assured that we will deliver that.” Contact:
Chairman and CEO Hill & Knowlton Mediterranean & Central Eastern EU Region
+ 39 02 3191 4215 Cesare.Valli@hillandknowlton.com
General Director Feedback Hill & Knowlton
+48 22 646 2202 Kasia.Lutkiewicz@hillandknowlton.pl About Hill & Knowlton
Hill & Knowlton (www.hillandknowlton.com
) is a leading international communications consultancy, providing services to local, multinational and global clients. The firm is headquartered in New York, with 73 offices in 41 countries, as well as an extensive associate network. The agency is part of WPP (NASDAQ: WPPGY, www.wpp.com
), one of the world’s largest communications services groups.