MDC Partners Acquires Forsman & Bodenfors for ‘Strategic Partnership’ with CP+B

MDC Partners has acquired Swedish agency Forsman & Bodenfors, which will in turn form a “strategic global partnership” with CP+B.

At least we assume that’s the news. The press release does not include the word “acquisition” and mentions nothing about what portion of the agency MDC will own. It does, however, note the newly empowered network’s plan to unleash “an arsenal of extraordinary creative talent” by giving CP+B access to international staffers.

F&B is, of course, best known for the 2013 “Epic Split” campaign for Volvo Trucks starring Jean-Claude Van Damme. This past December Volvo designated Forsman & Bodenfors as its global strategic creative agency, and recent work for the client includes the “Prologue” launch spot for its “Made in Sweden” campaign, arriving ahead of the UEFA Euro 2016 tournament and starring Sweden national team captain Zlatan Ibrahimovic. Last September, the agency also teamed up with Iggy Pop in a spot for  H&M called “Close the Loop.”

Since its 1986 inception, the agency has grown to a team of 300, led by CEO Erik Sollenberg and chairman Anna Qvennerstedt

“I love Forsman & Bodenfors,” said CP+B chairman Chuck Porter, in a statement. “They only care about great work, and we share so much DNA they’re like our twin who grew up in Sweden. This business always needs re-invention and I think amazing things will come out of this partnership.”

“What we are creating is a fresh, seamless way to tap into the most potent collection of creative talent in the world,” added CP+B global CEO Lori Senecal. “At CP+B we’re building a modern global model that challenges the conventions of legacy agencies.  What ultimately makes us most valuable to global marketers is creating the boldest most inventive ideas that deliver the highest return on creativity, and this partnership amplifies our mission to do that more consistently and brilliantly than ever before.”

We Hear: KBS+ Names New Co-Presidents

ksb+ logo

While the press release has yet to go out, we hear that today brings news of some changes in the management hierarchy at KBS+ in New York.

In short, the agency now has two co-presidents: Matt Powell and Jonah Bloom.

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MDC Partner Network Names Lori Senecal President, CEO

MDC Partner Network has named Lori Senecal as president and chief executive officer, Adweek reports. Senecal arrives at MDC from Kirshenbaum Bond Senecal + Partners (kbs+), where Ed Brojerdi will inherit her role as chief executive officer. Senecal will begin the position in September, working closely with MDC Partner Network CFO/COO Andre Costereporting and reporting directly to MDC CEO Miles Nadal.

In the position, a new role for the division, launched last year to house MDC agency operations and corporate strategic resources, Senecal will “provide strategic counsel to agencies, identifying resources to fuel growth and deepening the MDC agency model.” Senecal will also join the board of directors for the holding company.

Before joining kbs+ back in 2009, Senecal served as president of McCann Erickson New York, while working on global accounts such as Coca-Cola and Nestlé. Before that she served as global chief innovation officer at McCann Worldgroup and co-founded TAG Ideation at McCann Erickson.

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72andSunny/Mother Alum Fitzmaurice Heads to kbs+

Kerry Fitzmaurice

 

After spending the last year as head of new business/comms at Mother New York, Kerry Fitzmaurice is joining up with MDC-owned kbs+ in the newly created position of chief marketing officer. It should be familiar territory for Fitzmaurice as she spent nearly three years at fellow MDC-owned agency 72andSunny, last serving as director of earned media prior to joining Mother. Regarding Fitzmaurice, who will officially assume the role of CMO on Dec. 2, kbs+ chairman/CEO Lori Senecal says, “We’ve hired Kerry to focus on positioning and marketing our brand as kbs+ continues to expand globally into markets in Europe and Asia and add additional inventive capabilities to our offering. Kerry’s drive and entrepreneurial spirit make her a great addition to our team as we continue to reinvent the modern agency network.”

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