14 December 2010 - 3:34pm| by | 8 comments

Rumours circulate about London buyout of Robson Brown

Rumours circulate about London buyout of Robson BrownRumours circulate about London buyout of Robson Brown

Rumours are circulating that Robson Brown has been acquired by a London-based marketing company, and not the previous directors of the company, as announced last week.

Apparently, the as yet-unnamed company (speculated to be ThinkBDW, part of Think Media) has agreed to buy what remains of the client list of the long established Newcastle agency, meaning that the announced acquisition by former Robson Brown directors Andrew Marwick, Tom Hedley and Duncan McEwan, cannot take place.

“Our commitment to excellent marketing communications remains at the top of our agenda and the outlook for Robson Brown going forward looks positive and we are excited about putting this whole experience behind us and getting back to what we do well for our clients,” said CEO Andrew Marwick as part of a statement announcing the resurrection of the agency last week.

Following this statement, administrators Zolfo Cooper denied that any such deal had been made.

Robson Brown was placed into administration a fortnight ago, as part of parent company Round 2 UK Group, which included Attinger Jack and AW Communications.

A week later, Zolfo Cooper announced that it had no choice but to close Robson Brown, seeing no possibility of a sale, while Attinger Jack and AW Communications were bought out by senior management at each company.

The Drum was waiting on a statement from Zolfo Cooper at the time of writing.
 
 

Comments

Anonymous (not verified)
14 Dec 2010 - 16:57
Anonymous's picture

I heard it's Sterling Cooper

Anonymous (not verified)
14 Dec 2010 - 17:20
Anonymous's picture

it just gets better.............

Anonymous (not verified)
14 Dec 2010 - 17:50
Anonymous's picture

28 years down tha pan.........and they are still ly'in............try sign'in on.........good luck

Anonymous (not verified)
14 Dec 2010 - 18:47
Anonymous's picture

If was a client...........perhaps.......would one wish to deal with a bunch of charlitans....

Anonymous (not verified)
15 Dec 2010 - 08:11
Anonymous's picture

Oh dear. What will happen to the chosen few now?

Anonymous (not verified)
15 Dec 2010 - 09:01
Anonymous's picture

This getting like an episode of LOST.

No one has a clue what the hell is going on, and the story changes day by day.

Are they all dead? Did it really move?

And does Kate love Jack?

Anonymous (not verified)
15 Dec 2010 - 11:22
Anonymous's picture

I heard that Mike Dethick is set to take it on.

Anonymous (not verified)
15 Dec 2010 - 12:04
Anonymous's picture

Can you really 'buy whats remains of the client list' Has anyone asked the clients if they want to be horse traded?

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