About this transaction
Ciesco advises McCann Worldgroup on the sale of Scandinavian Design Group. The business was acquired by I&F Grupa, based in south-eastern Europe, and will retain a relationship with McCann Worldgroup through an affiliate status, as part of I&F McCann Grupa.
Ciesco acted as the exclusive financial advisor to McCann Worldgroup.
Chris Sahota, CEO & Founder, Ciesco
The Nordics is one of the world's leading creative hubs and McCann Worldgroup's operations in the region have been amongst the largest in each of the markets. Under this new ownership the businesses are able to operate in a more entrepreneurial environment that is more relevant within this region.