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Nektan buys out joint venture partners for digital marketing business

5th July 2017 12:42 pm GMT

London-listed Nektan has taken over full ownership of digital marketing business Nektan Marketing Services (NMS) following an agreement with Betfred founder Fred Done and ActiveWin Media’s Warren Jacobs.

The joint venture was launched in September 2015, combining Nektan’s gaming technology with Jacobs and Done’s acquisition and retention expertise.

Nektan has now reached agreement to buy out its joint venture partners for £500,000 in cash, which the company said would give it the ability to take greater control [...]

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