WPP Group PLC
08 April 2004
FOR IMMEDIATE RELEASE 8 April 2004
WPP GROUP PLC ("WPP")
Ogilvy acquires Marketing Communications Group in Canada
WPP announces that its wholly-owned operating company, Ogilvy & Mather
Worldwide, has acquired the entire issued share capital of Marketing
Communications Group, Inc ("MCG") a leading independent advertising and
marketing communications group in Canada.
Founded 34 years ago, MCG - which includes MC Direct, the third largest direct
response agency in the country - is based in London, Ontario, with operations in
New York and Toronto. The Group provides a comprehensive range of marketing
communications including new media, promotions, public relations and healthcare
services to Fortune 500 companies in Canada and the US.
MCG employs 65 people and had net revenues of C$9.3 million for the year ended
31 December 2003 and net assets of C$3.1 million as at the same date.
This acquisition reinforces WPP's comprehensive communications services offer
and continues WPP's strategy of developing its networks in important markets and
sectors.
Contact:
Feona McEwan, WPP 44-20 7408 2204
www.wpp.com
This information is provided by RNS
The company news service from the London Stock Exchange
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