MCI Group takes controlling stake in Dubai-based media company

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MCI Group, the congress organiser and association management company, has taken over a Middle East-based media and events company as it seeks to meet client demand by offering a wider range of services.

The Geneva-based firm has acquired a majority stake in Dubai-based One Communications and Marketing Group - the holding company behind various regional media and public-relations outfits, including Turret Media, Saluki Media, tmh, ONE PR and ONE Digital.

Ajay Bhojwani, MCI Middle East managing director, said: “The collaboration with One CMG strengthens our presence in the region. It not only increases our talent capacity by three times, it more importantly adds to our creative and marketing service offering. We will further increase the scope of our partnership in various fields and continue to innovate our combined service portfolio.”

Chris Fountain, group managing director, ONE CMG, said: “I am excited to take the business forward with my new partners MCI Group, the global leaders in engaging and activating audiences. The partnership will see us collaborate on future projects whilst building business across our client portfolios and we look forward to profitable growth across the group business.”

Robin Lokerman, group president, MCI Group, added: “One CMG is an exciting business with exceptional talent and we are confident that our new collaboration will lead to substantial asset creation across the globe. We are already on track to create new events in Europe, Canada, Australia and USA and are looking forward to contributing towards the future success of our partnership.”

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