WPP Acquires Glendinning

Apr 03, 2001, 01:00 ET from WPP Group plc

    LONDON, April 3 /PRNewswire/ -- WPP Group plc ("WPP") (Nasdaq: WPPGY)
 announces that it has acquired Glendinning Management Consultants Limited
 ("Glendinning"), a leading sales and marketing management consultancy.
     For 30 years Glendinning has been at the forefront of industry best
 practice, helping blue chip clients develop world class skills and processes
 in sales development, customer management, customer marketing and demand
 management.
     Clients include bp, Buena Vista Home Entertainment, Coca-Cola, Frito-Lay,
 GlaxoSmithKline, Heinz, Kimberly-Clark, Nestle, Pharmacia, Seagram, Tesco, UDV
 and Unilever.
     Founded in the 1960s, UK-based Glendinning is growing rapidly and
 expanding its international presence with offices in Johannesburg, Frankfurt
 and Bangkok.
     Glendinning has already established a close working relationship with
 WPP's retail knowledge community, The Store, participating in its retail
 seminars around the world, in Mexico, Amsterdam, Johannesburg  and Bangkok.
     Commenting on the acquisition, Peter Swift, Glendinning's Managing
 Director said, "Joining forces with WPP will align Glendinning with a
 strategically and culturally compatible partner whose vision closely matches
 our own and whose geographic spread will both support and accelerate our
 growth in international markets.  More importantly, it will help improve our
 reach and service for our clients, wherever they operate."
     The consultancy, which employs over 80 people, had revenues of
 9.1 million pounds sterling for the year to 30 June 2000 and net assets of
 1.6 million pounds at that date.
     This acquisition continues the implementation of WPP's strategy of
 building a stronger presence in fast-growing, functional and geographical
 areas of the communications services market.
 
 

SOURCE WPP Group plc
    LONDON, April 3 /PRNewswire/ -- WPP Group plc ("WPP") (Nasdaq: WPPGY)
 announces that it has acquired Glendinning Management Consultants Limited
 ("Glendinning"), a leading sales and marketing management consultancy.
     For 30 years Glendinning has been at the forefront of industry best
 practice, helping blue chip clients develop world class skills and processes
 in sales development, customer management, customer marketing and demand
 management.
     Clients include bp, Buena Vista Home Entertainment, Coca-Cola, Frito-Lay,
 GlaxoSmithKline, Heinz, Kimberly-Clark, Nestle, Pharmacia, Seagram, Tesco, UDV
 and Unilever.
     Founded in the 1960s, UK-based Glendinning is growing rapidly and
 expanding its international presence with offices in Johannesburg, Frankfurt
 and Bangkok.
     Glendinning has already established a close working relationship with
 WPP's retail knowledge community, The Store, participating in its retail
 seminars around the world, in Mexico, Amsterdam, Johannesburg  and Bangkok.
     Commenting on the acquisition, Peter Swift, Glendinning's Managing
 Director said, "Joining forces with WPP will align Glendinning with a
 strategically and culturally compatible partner whose vision closely matches
 our own and whose geographic spread will both support and accelerate our
 growth in international markets.  More importantly, it will help improve our
 reach and service for our clients, wherever they operate."
     The consultancy, which employs over 80 people, had revenues of
 9.1 million pounds sterling for the year to 30 June 2000 and net assets of
 1.6 million pounds at that date.
     This acquisition continues the implementation of WPP's strategy of
 building a stronger presence in fast-growing, functional and geographical
 areas of the communications services market.
 
 SOURCE  WPP Group plc