REG-M&C Saatchi PLC Acquisition

Released : 20/07/2006 06:01

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RNS Number:4654G 
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 e0.7m. 
 
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." 
 
 
 
 
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            The company news service from the London Stock Exchange 
 
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