Acquisition

RNS Number : 0537C

WPP PLC

06 October 2022

 

For immediate release

6 October 2022

WPP PLC ("WPP")

WPP acquires branding agency Passport to expand creative and design offerings 

WPP today announces the acquisition of Passport Brand Design , a leading brand design agency based in Southern California. 

Founded in 2004 by Natalie Taormina and Jeremy Creighton, Passport brings extensive brand identity, design expertise and insight into WPP and works across a broad range of consumer categories and global markets, spanning Australia and Asia to North America. 

Passport has developed a reputation for creating highly impactful, innovative and results-driven campaigns for clients such as Coca-Cola, Kraft and Heineken. The agency will join VMLY&R's global network, creating exciting new partnership opportunities for existing talent and clients and expanding VMLY&R's presence in the West Coast region.

Passport will enhance client experiences and WPP's ability to continue delivering client services with integrated solutions. The acquisition is part of WPP's accelerated growth strategy and focused M&A approach to advance its core creative capabilities in marketing, communications and design.

Eric Campbell, VMLY&R Global President, said:  "Our ambitions for network growth reflect the best-in-class range of capabilities we continually offer our clients. This move will expand our network's brand design expertise, which is essential in determining how brands visually show up in compelling new ways in the world and build a connected consumer experience."

Natalie Taormina, CEO of Passport, added:   "It is a great honor to join a global team of passionate branding and business experts. Nearly twenty years ago, we founded Passport on the mission that great creative output is a result of a great team connection and respect. When the agency is happy, the client is happy. VMLY&R shares this ethos, and with the strength of its global network and WPP's vision, Passport intends to continue that mission." 

Mark Read, CEO of WPP, said:   "With consumer expectations at an all-time high, defining a brand's characteristics and identity has a major impact on its ability to succeed in today's world. Passport brings extensive experience in delivering strategic positioning and creative execution across all touchpoints that will greatly benefit our clients. I'm delighted to welcome its people to WPP." 

Further information

Susie Metnaoui, WPP

[phone]

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About WPP

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com .

About VMLY&R

VMLY&R is a global brand and customer experience agency that harnesses creativity, technology, and culture to create connected brands. Named a Leader in the Gartner Magic Quadrant for Global Marketing Agencies for five consecutive years, VMLY&R is made up of more than 13,000 employees worldwide with principal offices in Kansas City, New York, Detroit, London, São Paulo, Shanghai, Singapore and Sydney. The agency is behind award-winning campaigns for blue-chip client partners including Colgate-Palmolive, Danone, Dell, Ford, Intel, New Balance, Pfizer and Wendy's. For more information, visit  www.vmlyr.com . VMLY&R is a WPP company (NYSE: WPP).

About Passport Brand Design

For nearly 20 years, Passport has partnered with those looking to challenge their category - to create, rebrand and reinvigorate. From global brands to start-ups, the agency fosters relationships with those who have a hunger for bold new thinking and partnerships that can move the needle. Passport Brand Design has worked across multiple categories, in multiple markets throughout Australia, Asia and North America. Its team remains flush with extensive knowledge, insight, and a global perspective.

 

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