Dentsu Aegis Network Expands Digital and Creative Capabilities in Vietnam Through Acquisition of Redder
Vietnam’s most awarded creative agency will launch the network’s third Dentsu Brand Agency in the country
Dentsu Aegis Network today announced that it has acquired Redder Advertising Co. Ltd (“Redder”), a leading digital & creative agency, launching its third Dentsu Brand Agency in the country, working alongside Dentsu Vietnam and Dentsu One. Post-acquisition, Redder will be rebranded as Dentsu Redder, adding scale and providing digital and creative capabilities to Dentsu Brand Agencies and the broader business in Vietnam, a priority market in the Asia Pacific region.
Sanjay Bhasin, CEO of Dentsu Aegis Network Indochina, said: “Vietnam remains one of the most promising markets in the Asia Pacific region. With a sizeable population of close to 94 million combined with rapid growth and high levels of adoption of media and digitization, the acquisition of Redder is a significant opportunity. As we see the market developing and shifting rapidly towards digital, our strategy is to develop our cutting-edge service offerings to ensure we become a key player in this important market in the future.
“Redder is a highly regarded and dynamic local agency with strong creative & digital capabilities which will support our ambition to build new local and international client relationships. Redder presents an important opportunity to accelerate the transformation of both Dentsu and Dentsu Aegis Network in Vietnam,” he added.
Established in 2012, Redder has more than 55 employees in Ho Chi Minh City, Vietnam, offering brand marketing, digital advertising, event & activations, consulting and PR offerings to global and local clients.
Dick van Motman, Global CEO, Creative, Dentsu Aegis Network, said: “Redder is a youthful, fast growing agency that is known for its creativity, innovation and client service. Adding a highly energetic, digitally led brand creative offering like Redder will accelerate our diversity of talents, services, capability and clientele in the market. The founders are very internationally minded with a good business acumen and proven success in growing business.”
Joining the leadership team from Redder is CEO, Hung Vo, who will report to Sanjay Bhasin, Dentsu Aegis Network Indochina CEO as CEO of Dentsu Redder.
Hung Vo, CEO of Redder, said: “To support our expansion plans beyond Vietnam and sustain our trajectory of growth since our founding six years ago, it is a huge opportunity that we get to be part of Dentsu Aegis Network to bring this vision to life. Dentsu Aegis Network brings with it a strong legacy of creative offerings based out of Asia, and its network brands have worked on numerous brilliant campaigns for a vast portfolio of notable clients. We look forward to continuing our growth and working together to continue creating some magic in the industry.”
With 48 awards as of 2018, Redder is the most award-winning local agency in Vietnam. This includes five number one campaigns across Asia Pacific at YouTube Ads Leaderboard; one Bronze at Tangrams Effectiveness at Spikes Asia; three Golds, three Silvers and three Bronzes at PR Asia Awards; two Golds at Asia Pacific Excellence Awards, as well as two Silvers and two Bronzes at The Smarties Mobile Marketing Association Asia Pacific.
For further information contact:
Pei Xuan Lim
Regional Communications Associate Director
Dentsu Aegis Network Asia Pacific
T: +65 6911 9321
Notes to Editors:
About Dentsu Aegis Network
Part of Dentsu Inc., Dentsu Aegis Network is made up of ten global network brands - Carat, Dentsu, dentsu X, iProspect, Isobar, mcgarrybowen, Merkle, MKTG, Posterscope and Vizeum and supported by its specialist/multi-market brands. Dentsu Aegis Network is Innovating the Way Brands Are Built for its clients through its best-in-class expertise and capabilities in media, digital and creative communications services. Offering a distinctive and innovative range of products and services, Dentsu Aegis Network is headquartered in London and operates in 145 countries worldwide with more than 47,000 dedicated specialists. www.dentsuaegisnetwork.com