TRACCS completes acquisition in Morocco
TRACCS has completed its acquisition of a stake in Marrakech-based agency L’Allure PR, extending the agency’s operations to Morocco. Established in 2005, L’Allure PR aims to offer a range of strategic communications solution to its clients. The new acquisition will see TRACCS and L’Allure work across clients in Morocco to expand its presence across North Africa.
“The launch of TRACCS Morocco is a natural extension of our wider growth philosophy and by joining forces with L’Allure, we are entering a high potential and high value market that we see as contributing significantly to our long-term strategy,” says Mohamed Al Ayed, President and CEO, TRACCS. “Together, we will work to develop and empower a new generation of homegrown PR practitioners with a deep indigenous understanding of local customs and cultural sensitivities in Morocco.”