Singapore – Havas has recently announced the acquisition of Klareco Communications, Singapore homegrown agency and Southeast Asian corporate, financial and strategic communications consultancy, to strengthen its global strategic communications advisory arm, H/Advisors, in Asia-Pacific.
This acquisition allows Singapore to become a critical base for H/Advisors to steer its international clients through this macroeconomic environment, and will also strengthen Havas’ presence in Singapore through its integrated Village approach.
With a power base in Southeast Asia, the addition of Klareco Communications represents an important next step in H/Advisors’ strategic growth plan. On closing, the agency will be renamed H/Advisors Klareco.
This addition represents another significant milestone, following the successful launch of H/Advisors in Dubai earlier this year and the recent acquisitions of Australian Public Affairs, one of Australia’s most prominent and successful public affairs agencies, and Cunha Vaz & Associados, Portugal’s leading PR and communications consultancy.
H/Advisors Klareco and its senior management team will take on a significant role within the strategic advisory network. The local leadership includes CEO and co-founder Ang Shih-Huei, and managing director and co-founder Mark Worthington who will join the Asia board to help direct and lead the expansion of H/Advisors in Asia-Pacific.
Speaking on the acquisition, Yannick Bolloré, chairman and global CEO, Havas, and chairman, Vivendi, said, “Our partnership with Klareco allows us to draw on their breadth of experience and knowledge of the Asian market as we continue to expand our Havas presence in APAC. We are delighted to welcome the well-respected Klareco team onboard and look forward to achieving great things together.”
Shih-Huei added, “As an independent firm, we have already been working with some of the largest MNCs and leading Asian headquartered companies. H/Advisors allows us to deepen our core communications offering across corporate, financial, digital and public affairs, and expand our expertise in fast growing areas such as sustainability and change communications, to ensure we continue to deliver best practice for our clients. Our teams are excited for this new chapter ahead.”
Worthington also mentioned, “We are delighted to partner with H/Advisors to enhance our standing as a landing point for international firms coming to, or expanding in Asia. Increasingly, boards and management face complex communications challenges as they expand internationally. We are excited to build on our offering to support these challenges, ensuring we have expertise and relationships in the markets our clients need.”
Meanwhile, Stéphane Fouks, executive chairman, H/Advisors, and vice president, Havas, commented, “2023 has been an outstanding year of growth for H/Advisors, with the opening of our Dubai office and the acquisitions of CV&A (Portugal) & APA (Australia) and now our partnership with Klareco, which will strengthen our offering not only in APAC but globally. Klareco is the leading communications advisory in Southeast Asia, and we are delighted to welcome Shih-Huei, Mark and the talent and experience they will bring to H/Advisors.”
