The World: Sydney - Clemenger and NetX partner up for digital offering

Clemenger, Australia's largest marketing communications company, and the digital agency NetX are joining forces to form what is claimed to be the biggest digital offering in the Australia and New Zealand markets.

Under the deal, Clemenger will take a significant minority stake in NetX, which will remain a separate and autonomous company.

Robert Morgan, the Clemenger chairman, said: "NetX has a proven track record and the team has built what is arguably the strongest digital agency in Australia. NetX is a pioneer brand and fits well with our strategy of taking equity in visionary specialist marketing companies."