Brand experience agency Strata has acquired On Event
Production Co, a live, virtual, and hybrid event production company with
offices in London and Derby.
The acquisition will strengthen Strata’s in-house AV production, fabrication, and production
management capabilities, broaden its offer, and bolster its team with production managers,
technicians, designers and fabricators.
Simon Hambley,
CEO of Strata, said: “We have worked alongside On Event Production Co. for
several years and know the team well. When the opportunity to acquire the
company came along it was an easy decision for us to make and offering us the
chance to work together on a more strategic level. We know how each other
thinks and share the same great work ethos and values. It was clear that our
respective businesses are aligned perfectly both culturally and
professionally.”
On Event
Production Co has experience in corporate conferences, brand activation,
and exhibition markets. All the company’s employees will continue to be
employed by On with On Event Production Co, now a division of Strata Group.
Adam Dewhurst,
managing director of On Event Production Co, said of the acquisition: “I have
been a big fan of Strata’s work and projects for many years and have admired
the work that Simon and his team have delivered for brands and clients.
“I will be
working closely with Strata’s senior management team and look forward to
watching On Event Production Co. grow and writing our next chapter with Simon.”
Strata’s
acquisition of On is a continuation of its strategy to offer more of what a
client needs through its one touchpoint. It will increase the agency’s
speed of response, capacity, and resources and accelerate the agency’s current
growth trajectory, providing opportunities to expand its creative services and
production facilities.
Hambley
added: “We respect On’s approach to events and their approach to client
management. On has a fantastic team that delivers solid results for amazing
clients such as Toyota, Aldemore Bank & NHS England.
“This acquisition
is a hugely positive step for Strata and for On, and we look forward to working
with their team on an exciting journey ahead.”