Acquisition

M&C Saatchi PLC 20 July 2006 M&C Saatchi plc Acquires a German presence M&C Saatchi plc, the international marketing communications Group today announces that it has acquired 80% of the issued share capital of 03 Internetional Projects GmbH. This Berlin based German adverting agency that had 2005 unaudited revenues of €0.7m. Nick Hurrell, Chairman of M&C Saatchi Europe said: 'Bringing M&C Saatchi and INTERNATIONAL together will create more than the sum of the parts. Todd is an entrepreneur, and an enormously talented creative director. I have every confidence that he will build a sensational agency in Berlin with us.' Todd Schulz, Founder of INTERNATIONAL, said: 'We were very proud when an agency with such a great reputation like M&C Saatchi approached us to open their new German office. Since our ambition at INTERNATIONAL has always been to operate on an international basis, we see a great opportunity for this new company to continue this thinking on a broader scale to the benefit of our clients and M& C Saatchi clients, as well as to new prospects.' This information is provided by RNS The company news service from the London Stock Exchange

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M&C Saatchi (SAA)
UK 100

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