In a quick shout-out to the motherland, a few sources have been telling us this week that Publicis Groupe is on the verge of announcing the acquisition of majority stakes in Beehive Communications and Law & Kenneth, which are both headquartered in Mumbai but have offices throughout India. Both Beehive and L&W have been operating for a decade give or take and are full-service agencies. From what we’ve been told by tipsters, this is part of Publicis Groupe’s “aggressive investment plan” in India. Perhaps they’re on to something.
Late last year, the holding company acquired digital agency iStrat and brand marketing consultancy MarketGate. Then this past April, Publicis bought up acquired ecommerce technology services provider Neev and launched Razorfish in India, creating a new entity called Neev Razorfish in the process. Are Beehive and L&W next? Well, we’ve been told an announcement could come at any time this week. We’ve put in inquiries to all parties (there is that time difference thing, you know) and are awaiting word. We’ll keep you posted.