WPP makes acquisition in Finland
Highly acquisitive media giant WPP has announced that JWT, its wholly-owned advertising agency network, has acquired a majority equity stake in Activeark, a leading full service digital agency in Helsinki, Finland.
Highly acquisitive media giant WPP has announced that JWT, its wholly-owned advertising agency network, has acquired a majority equity stake in Activeark, a leading full service digital agency in Helsinki, Finland.
The agency has operations in both the UK and India and employs more than 80 people.
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The firm's gross revenues for 2011 were €8.1m with gross assets of €3.4m.
WPP said: "This acquisition continues the company's strategy of investing in digital capabilities and its commitment to developing its strategic networks throughout Europe."
The share price fell 0.19% to 797p by 14:08.
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