FOR IMMEDIATE RELEASE |
20 NOVEMBER 2013 |
WPP PLC ("WPP")
VML agrees to acquire Biggs States
WPP announces that its wholly-owned global digital agency VML, the leading digital marketing company which is part of the Y&R network, has agreed to acquire Biggslass="a">
Founded in 1973, Biggscantly. Headquartered in Kalamazoo, Michigan, with an office in Chicago, Biggsdigital marketing agency in South Africa. The agency, which is recognized as one of Forrester's digital leaders, also entered the Japanese market with the launch of VML Tokyo in March.
VML's global expansion is part of WPP's strategy of strengthening the Group's capabilities in fast-growing sectors and markets. WPP's digital revenues were well over US $5 billion in 2012 and represented 33% of total Group revenues of US $16.5 billion. The Group is targeting at least 40-45% of revenues to come from each of fast-growth markets and new media over the next five years.
Contact:
Feona McEwan, WPP |
+ 44(0) 207 408 2204 |
Kevin McCormack, WPP |
+1 (212) 632 2239 |