WPP Group PLC
10 July 2003
10 July 2003
WPP GROUP PLC ("WPP")
Millward Brown acquires Centrum voor Marketing Analyses
in the Netherlands
WPP announces that its wholly owned operating company Millward Brown, a world
leader in brands and communications research, has acquired the entire issued
share capital of Dutch market research agency, Centrum voor Marketing Analyses
B.V.("Centrum"). Centrum has previously operated as a Millward Brown licensee.
Founded in 1964 and based in Amsterdam, Centrum has a strong reputation for
qualitative research and specific expertise in the packaged goods, financial
services, telecoms, logistics and mail, and utilities sectors. Clients include
ABN AMRO, Heineken , ING Group, Rabobank,TNT Post Group and Unilever.
Centrum employs 100 people and had revenues of 13.8 million euros for the year
2002 and net assets of 1.2 million euros as at the date of acquisition.
This investment continues WPP's strategy of developing its information, insight
and consulting businesses through a combination of acquisition and organic
growth.
For further information, please contact:
Feona McEwan, WPP
T: +44-20 7408 2204
www.wpp.com
This information is provided by RNS
The company news service from the London Stock Exchange
*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.