WPP Group PLC
04 September 2007
FOR IMMEDIATE RELEASE 4 September 2007
WPP GROUP PLC ("WPP")
WPP acquires 51 % of Plano.Trio Comunicacao in Brazil
WPP announces that it has acquired a 51% stake in Plano.Trio Comunicacao
("Plano.Trio"), a specialist in trade and channel marketing, events, promotions
and design, in Brazil.
Founded in 2003 and headquartered in Sao Paulo, with offices in Curitiba and
Porto Alegre in a network spanning some of the major markets of Brazil,
Plano.Trio employs 350 full time professionals and over 3800 field marketing
representatives. Plano.Trio's clients include Grendene, Nokia, Procter &
Gamble, Vivo and Whirlpool.
Plano.Trio had unaudited revenues of US$47 million for the year ended 31
December 2006, with gross assets as of 30 June 2007 of US$23.8 million.
This investment continues WPP's strategy of developing its networks in fast
growing markets and sectors.
Contact:
Feona McEwan, WPP T. +44 (0)20 7408 2204
www.wpp.com
This information is provided by RNS
The company news service from the London Stock Exchange
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