Commarco is Germany's biggest independent marketing services group,
managing a portfolio of different agencies including Scholz & Friends and the local arm of the Lowe
network. Scholz is one of Germany's most important homegrown agencies. Founded in the early 1980s, it was subsequently acquired by
Bates Worldwide and groomed to become a second advertising network within the Cordiantportfolio.
In 2001, Scholz merged with UVE, a publicly quoted production company specialising in live entertainment programming for
television and the internet. The resulting business, then still controlled by Cordiant, was Germany's first publicly quoted
advertising and marketing communications group. However, financial problems within Cordiant led Scholz to regain its independence
in 2003, and the business is now privately owned. The Commarco umbrella entity was created in 2007. Advertising Age ranked
Commarco as the #36 worldwide ad organisation in 2009 with revenues of $176m. Private equity backer Cognetas also owns the Fullsix
International digital network.
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