IVE acquires 4 businesses in VIC

Company News

by David Chau

Marketing communications company, IVE Group Ltd (ASX:IGL), has acquired a number of businesses in Victoria.

These businesses are Fineline Printing, a promotions agency (Frost Merchandising), and a communications company (LGS Connect).

However, IVE’s key acquisition is Melbourne-based, JBA Digital, a company that offers customer analytics and marketing automation services.
IVE says the JBA acquisition will build on the digital capability of its existing creative and digital services division, and is in line with its ongoing diversification strategy.

IVE reported a net loss of $785,000 at 31 December 2015.

David Chau

Finance News Network
David joined FNN in April 2016. In addition to presenting the Market Outlook and latest business news stories, David interviews senior economists and CEOs of ASX-listed companies. Prior to working for FNN, David was a litigation lawyer.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.