CARMA International has acquired mmi Analytics (mmi), a media communication and eTail measurement platform for beauty, fashion, and lifestyle brands.
CARMA said the acquisition marks a significant step in expanding its full-service offerings and strengthening its position in these key vertical markets.
The acquisition brings together CARMA’s global reach, technology, and services with mmi Analytics’ expertise and presence in the beauty, fashion, and lifestyle sectors.
“It will enable the optimisation of the customer journey by building targeted brand strategies and evaluation methodologies across retail media, influencer communities, and traditional media networks around the world,” CARMA said in a release.
mmi, headquartered in London, will operate as a brand within the CARMA group. With 22 offices worldwide, CARMA said the acquisition will enable mmi to build on its regional strength in the sectors while supporting clients in dynamic global markets.
Mazen Nahawi, CEO of CARMA said: “I am delighted to welcome mmi to the CARMA family. The beauty and luxury goods sector is an exciting category. It is robust, innovative, and fast-moving and is growing double-digit across our strategic markets in Asia and the Middle East.
Acquiring mmi means that we can now further optimise beauty clients’ digital communications strategies on a global basis.”
Christian Eckley, CEO of mmi Analytics added: “This acquisition is great news for our team and our clients. It provides us with superior media insights technology, service, and capabilities while enabling mmi to enhance and scale its offering as part of a truly global organisation.”