Daily Research News Online

The global MR industry's daily paper since 2000

WPP to Buy Major Stake in OOH Firm Poster Conseil

May 28 2015

WPP companies Kinetic and GroupM are to acquire a majority stake in French out-of-home (OOH) specialist Poster Conseil. Terms of the deal were not disclosed.

WPP buys control of French firmFollowing the acquisition, Poster Conseil will continue to be led by CEO Xavier Sorato. The Paris-based company provides media planning and buying services, planning and measurement technologies and insight into changing consumer behaviour relating to OOH and digital out-of-home (DOOH) advertising. Through a partnership with research firm Iligo, it has also developed new methods and approaches for studying trends of mobility, analysing the brands marketing targets, and assessing all sites hosting digital display offers. The firm employs 25 people and for the year ended 31st December 2014 had consolidated revenues of EUR 9.8m.

WPP companies in France (including associates) collectively generate revenues of around US$800m and employ approximately 5,000 people.

Web sites: www.wpp.com and www.posterconseil.com .

All articles 2006-19 written and edited by Mel Crowther and/or Nick Thomas.

Select a region below...
View all recent news
for UK
UK
USA
View all recent news
for USA
View all recent news
for Asia
Asia
Australia
View all recent news
for Australia

REGISTER FOR NEWS EMAILS

To receive (free) news headlines by email, please register online