The World: Berlin - Lowe deal to extend Scholz & Friends' presence

Scholz & Friends, Europe's largest independent agency network, is to form a global alliance with Lowe Worldwide.

Under the deal, the Interpublic-owned Lowe will take over representation of Scholz in all international markets where it currently has no presence. Co-operation will focus mainly on Asia, as well as North and South America, and will give Scholz a presence in more than 180 countries.

Steve Gatfield, the Lowe Worldwide chief executive, said: "The new partnership is rich with opportunity and will create a powerful alliance that is well placed to meet client demands in the emerging communications landscape."