Walker Morris helps Amscreen carve out media and solutions divisions to drive greater efficiencyPrint news article
Amscreen focuses on screen solutions with the sale of its media division to DigiCom Out of Home
Corporate lawyers at Walker Morris have advised Amscreen on a new partnership agreement that will see DigiCom acquire the media sales and marketing activities of Amscreen’s 3,500 strong UK digital roadside and healthcare networks with immediate effect.
Amscreen’s media sales and marketing team, based out of their London office, will transfer to DigiCom under the terms of the deal.
Amscreen will continue to provide the hardware and software solutions and will have full responsibility for the operation of the signage networks including monitoring, technical support and maintenance.
Simon Sugar, Amscreen’s CEO said
“This move will allow us to concentrate on our core competencies of hardware and software development whilst the media operation will benefit from Tom Goddard’s considerable experience in the OOH environment. We are delighted that we shall continue to work in a truly symbiotic fashion with Tom and believe that the media team will benefit significantly from his guidance and leadership”.
John Hamer, Head of Corporate at Walker Morris said:
“We’ve worked with Amscreen over a number of years and are delighted to have been able to bring our specialist corporate and technology sector expertise to advise them again. The deal will provide a solid platform for growth for both companies and will play to the strength of each company’s core competencies.”