World: Bangkok - M&C Saatchi joins Thai market in joint venture

M&C Saatchi has taken a 60 per cent stake in Spaulding & Co, a Bangkok-based agency. The move signals the beginning of the further international growth that was widely predicted when the agency floated on the London Stock Exchange earlier this year.

M&C Saatchi is also planning to expand into South Korea and India, and is looking for a local partner in Beijing.

The Bangkok office will be headed by the existing directors Ron Spaulding and Amornpimol Thanakitamnuay. The former Lowe Bangkok creative Veradis Vinyaratn is the executive creative director.