Faaez Samadi
Sep 19, 2017

McKinsey & Co acquires Malaysia's VLT Labs

Purchase is the consultancy’s first digital acquisition in Southeast Asia.

The VLT group, including VLT Labs

In the latest move by management consultancies into the marketing and communications industry, McKinsey Co today announced it has acquired VLT Labs, a unit of independent Malaysian agency VLT.

While the purchase price is undisclosed, VLT chairman Warren Tan told Campaign Asia-Pacific that McKinsey’s offer represented “incredible shareholder value, and we couldn’t turn it down”. It is McKinsey’s first digital acquisition in Southeast Asia.

VLT Labs was established...

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