WPP Group PLC
11 June 2001
FOR IMMEDIATE RELEASE 11 June 2001
WPP GROUP PLC ('WPP')
Millward Brown acquires advertising
research agency, Impact, in South Africa
WPP announces that its wholly-owned operating company, Millward Brown, the
leading market research company, has acquired 100% of the issued capital of
Impact Information (Pty) Limited ('Impact'), a South African advertising
research agency.
Based in Johannesburg, Impact provides ad-hoc research services, specialising
in advertising research and is well known for its proprietary media tool,
Adtrack. Clients include Telkom, Bayer, Unilever and Standard Bank. The
agency, which employs 30 people, had revenues of Rand 12.4 million for the
year to 30 June 2000 and net assets of Rand 1.4 million at that date.
The acquisition of Impact reinforces Millward Brown's ability to provide
clients with integrated research techniques and continues WPP's strategy of
strengthening its networks in important growth sectors and markets.
Contact:
Feona McEwan, WPP 44-20 7408 2204
www.wpp.com
www.millwardbrown.com
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.