WPP Group PLC
07 February 2005
For Immediate Release 7 February 2005
WPP GROUP PLC ("WPP")
Hill & Knowlton acquires majority stake in ABC in Denmark
WPP announces that its wholly-owned operating company Hill & Knowlton ("H&K"),
the global public relations and public affairs network, has acquired a
majority stake in ABC Public Relations A/S ("ABC") in Denmark.
Founded in 1987 and employing 16 people, ABC specialises in healthcare,
technology, finance and food. Clients include Jabra (GN Netcom), Unilever
GlaxoSmithKline,Tiscali and MSD.
ABC had revenues of US$2 million for the year ended 30 June 2004 and net assets
of US$410,000 at that date.
This investment strengthens H&K's Nordic region and continues WPP's
strategy of developing its networks in important markets and sectors.
For further information please contact:
Feona McEwan, WPP 44-20 7408 2204
www.wpp.com
www.kantar.com
This information is provided by RNS
The company news service from the London Stock Exchange
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