London-based 35 Communications has this week announced that it has acquired annual reports specialist Sheppard Day Corporate.
According to 35 director Lee Hoddy, the group hopes the merger will help it ‘extend its offer in annual reporting’.
‘We felt it was the right time to grow the business and Sheppard Day is a great cultural fit and has an interesting client profile,’ Hoddy says.
The merger adds Sheppard Day’s nine-strong team to the 18 employees already at 35. No redundancies have been planned.
At this stage Sheppard Day Corporate will retain its name and chairman Peter Sheppard will continue to head up the Sheppard Day component of the business. A fuller merger, and name change to 35, is possible in the future, says Hoddy.