UK Ocean Outdoor Acquire Forrest Media
Forrest Media, a Glasgow-based outdoor promotion firm, bought by rival UK Ocean Outdoor.
19:45 23 July 2018
Forrest Media, a market leader in Scotland and the north of England for premium digital out-of-home (DOOH) promotion, has been bought by rival UK Ocean Outdoor. The deal allows Ocean to expand its national footprint and enhance its position as a leading DOOH operator in the UK and benefit from Forrest Media’s presence in Glasgow and Edinburgh.
Tim Bleakley, Ocean CEO, said:“Forrest are the champions of Out of Home in Scotland and it’s a business we have long admired. This is a hugely exciting time for both companies and the sector. We are combining Scotland’s most iconic assets with Ocean’s unique technology and award winning brand.”
Forrest Media founder Chris Trainer said: “Ocean are a fantastic market leading business and the combination today with Forrest Media now delivers a truly national ‘footprint’, which we believe will have very significant benefits in our industry, with great opportunities for the whole team.”
As part of the deal, Chris Trainer will serve as chairman of the Scottish business wile the Forrest Media management team will continue under the day-to-day leadership of managing director Marc Keenan.