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clxeurope.com

Stage

Acquired | Acquired

Valuation

$0000 

About CLX Europe

CLX Europe is a global media content creation, and delivery solution company. The company creates, manages and delivers creative assets globally to the multi-channel market for luxury brands and major retailers.

CLX Europe Headquarter Location

Barmbeker Str.8

Hamburg, 22303,

Germany

+49 40 5247 040-60

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Expert Collections containing CLX Europe

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

CLX Europe is included in 1 Expert Collection, including ad tech.

a

ad tech

3,640 items

Latest CLX Europe News

KPO Eclerx acquires Italian digital agency

Apr 9, 2015

Just before Easter, offshore knowledge process outsourcing (KPO) pure play Eclerx, announced plans to acquire Italian digital agency CLX Europe spA for €25m in cash, and with it a new operation in the UK. Eclerx is paying 1.3x revenue for the business which grew 11% in FY14 to €19.4m. Profitability remains below par however. The post-tax margin was just 2.6%, and the prior two years were negative. Eclerx is buying out CLX from private equity owners Opera SGR SpA and Progressio SGR SpA, and will take on some 300 people with offices in Verona, Milan, London (25 people), Hamburg, Augsburg, Lille and Phuket. The business creates, manages and delivers multi-channel creative services for 75 customers including some impressive names like Fendi, Ferrari, Mulberry and Jimmy Choo and retailers like Marks & Spencer, Homebase, Argos, Top Shop. Italy and the UK represent the two largest markets. CLX’s differentiator is its digital asset management platform FLUiiD4, which is a ‘one-stop-shop’ for managing digital assets, with workflow and content management for photos, tags, to advertising and 3D computer generated images (3D CGI). This enables managers to track and agree content on the go and see productivity reports, with the aim of saving time and production costs. The deal will create a new market for Eclerx’s analytics and knowledge process services to sell into. There should also be significant potential to drive out cost by plugging it into Eclerx’s offshore delivery model. The challenge will be melding the two very different worlds of creative/digital media and Eclerx's traditional based back office services. There's no mention about improving the overall customer experience - a key strategy for more forward thinking BPS providers (see Why is Digital Customer Experience key to future BPS delivery? ). This needs to be front and centre of the combined strategy to really add value to digital/multichannel engagements. 

  • Where is CLX Europe's headquarters?

    CLX Europe's headquarters is located at Barmbeker Str.8, Hamburg.

  • What is CLX Europe's latest funding round?

    CLX Europe's latest funding round is Acquired.

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