THA ends speculation with Q Group merger statement

Award-winning marketing communications agency Thomas Hannah and Associates (THA) has announced its merger with Q Group in March, ending months of speculation. The new company is known as the THA Group and boasts a combined turnover of £36m for the 2004/5 financial year. THA Group director and former THA managing director Nick Robinson said that the delay in announcing the merger was due to the complex legal issues surrounding THA’s overseas offices, and that there were no disagreements over the terms of the deal. “We are all busy, we work overseas a lot, and getting the various parties together to finalise the deal took time,” he said. Robinson added that the venture was part of an ongoing programme of mergers and acquisitions and that the industry should expect further developments in the next few years.“We have seen significant growth since 1991, but felt that we needed a more formal expansion programme,” he said. “We chose Q Group because of its natural synergies with our business,” he added. “Q Group has added a hospitality and business travel division, and THA has brought expertise in video and film-making. Our next move will be to boost areas we are already involved in.” Although the integration plans between the two parties have yet to be developed, Robinson does not foresee the need for redundancies. “It’ll be a while before we know fully what’s going to happen,” Robinson said. “But we suspended recruitment for the six months while the merger was under discussion, so staff adjustments will hopefully be minimal.” THA Group clients include BT, BP, Daimlerchrysler, Honda, Sony, Carphone Warehouse, Whirlpool and Jewson. The group has offices in the UK, Brussels and Denver, Colorado.

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