Ink Group Merges with GNAM

LONDON: Ink Group and Global New Age Media (GNAM) are combining their services under the newly formed INK ALC banner, which will service the Russian CIS, MENA and the SEA regions as well as the Nordics.

The combined entity will offer services ranging from media development and sales to brand extension and product manufacturing. The administrative hub—including the legal, financial and product development teams—will be located in Copenhagen. Local and regional offices will focus on sales, marketing and client relations.

Claus Tømming, the managing partner at INK ALC, said: “Individually, Ink and GNAM have been pioneers within the licensing industry, focusing successfully on the potential of many fast-growing economies. Combining their licensing expertise will greatly enhance the possibilities for growth and innovation across the 1-billion-strong consumer base these companies serve.”

Fayez Weiss Al Sabbagh, the chairman of INK ALC, added: “This is a timely and exceptionally beneficial partnership—not just for the companies involved but for their clients—present and future—who will be able to access industry-leading expertise and experience across multiple markets from one source.”