"We know Consilio well and have great respect for the insights and competencies the team offers its clients. We are proud to welcome Consilio to us and look forward with enthusiasm to working together with important and demanding assignments in the future," commented Martin Petersson, President & CEO of H&H Group.
Andreas von der Heide, CEO of Consilio comments: "We share the fundamental values with our new colleagues in H&H Group and feel convinced that there are significant opportunities for Consilio to become even stronger in the counselling of our clients with support from the rest of the group's offer. We also believe that we can contribute with further perspectives to many clients of the other businesses in the H&H Group."
About H&H Group
H&H Group is partner-owned and consists of seven communications agencies, all of whom with different focus, strategy and culture collaborate to be strong partners to clients. By offering autonomy and resources for development and entrepreneurship, each agency and employee can develop according to different needs in a transforming market. The agencies that in addition to Consilio International represent H&H Group are; Hallvarsson & Halvarsson, Comprend, Springtime, Jung Relations, Creo Media Group and Involve Communication.
H&H Group's total revenue pro forma 2016 amounted to SEK 405 million with a growth for the year of almost 60%. Approximately one third of the growth was organic while the rest was attributable to the acquisition of Jung Relations, which was carried out in January and Creo Media Group, acquired in September. The fee income pro forma for 2016 was 328 million. The Group's earnings pro forma before depreciation amounted to SEK 36 million.
H&H Group is an owner of communication agencies with an ambition to be the market leader. The group consists of Hallvarsson & Halvarsson, Comprend, Jung Relations, Creo Media Group, Springtime, Involve and Consilio. The Group’s agencies collaborate with customers in more than 10 countries and have more than 270 professionals working from offices in Stockholm, London and Lisbon.