WPP creates world's largest activation agency with merger of OgilvyAction & G2LONDON — WPP (NASDAQ:WPPGY), the world's leading communications services group, announces that its wholly owned subsidiaries, OgilvyAction and G2, will come together in a joint venture to form a company within the Group that becomes the largest and most geographically complete activation agency in the world.
The new entity marries the skill sets of two successful global businesses, which will operate in more than 100 offices in 56 countries. They bring complementary expertise in consumer activation, trade marketing, shopper marketing, one-to-one marketing and digital activation.
The integration of the talent and resources of the new company is underway. When formally launched in May, the business will offer clients access to talent, data, digital capabilities and greater global reach. The geographic footprint of each agency is complementary with each other, and a major purpose of the new organization will be to drive these disciplines more strongly into emerging markets. Together they are uniquely placed to exploit the intersection of the world's brands and of distribution systems.
The decision demonstrates WPP's commitment to activation and shopper marketing, areas that are becoming increasingly important to clients. The company will work closely with The Store, WPP's global retail practice, which last year brought together the specialist resources of over a dozen WPP companies to create The Shopper Marketing Store, an offer that harnesses and provides easy access to world-class agencies and experts in the field via a single web portal.
Feona McEwan, WPP + 44(0) 207 408 2204
Kevin McCormack, WPP +1 (212) 632 2239
WPP is the world's largest communications services group with billings of $70.5 billion and revenues of $16.5 billion. Through its operating companies, the Group provides a comprehensive range of advertising and marketing services including advertising & media investment management; consumer insight; public relations and public affairs; branding and identity; healthcare communications; direct, digital, promotion and relationship marketing; and specialist communications. The company employs over 165,000 people (including associates) in over 3,000 offices across 110 countries. For more information, visit www.wpp.com.
WPP was named Holding Company of the Year at the 2012 Cannes Lions International Festival of Creativity for the second year running, since the award was initiated.