European candy giant Ferrero is consolidating its global media-buying and -planning business with Omnicom Group after a review.
In a statement, the marketer said that effective Jan.1, the holding company’s media arm, Omnicom Media Group, will assume the business in markets including the U.S., the U.K., Australia and Russia. Ferrero has worked with several media agencies and holding companies around the world, including Dentsu’s Aegis, Publicis Groupe’s ZenithOptimedia, WPP’s GroupMand Omnicom Media Group, which houses both PHD and OMD. For Omnicom, the win comes as it awaits a merger with Publicis Groupe.
Accenture was the consultant guiding the review process.
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