18th Apr 2007 09:23
WPP Group PLC18 April 2007 FOR IMMEDIATE RELEASE 18 April 2007 WPP GROUP PLC ("WPP") TAPSA joins WPP in Spain WPP announces that it has acquired the share capital of the TAPSA group("TAPSA"), a leading independent marketing communications services group inSpain. TAPSA is headquartered in Madrid, with offices in Barcelona and Seville. WPP has also acquired TAPSA's related companies Contacto Total, S.L., a direct,promotion and relationship marketing company with on-line capability; and CICM,a media investment management business. TAPSA commenced trading in 1981, and employs 202 people. Clients include many ofSpain's leading corporations. TAPSA's unaudited revenues for the year ended 31 December 2006 were Euro 33.6million, with gross assets at the same date of Euro 65.6 million. This investment continues WPP's strategy of developing its capabilities forexisting and new clients in mature markets. Contact:Feona McEwan, WPP +44 (0)20 7408 2204www.wpp.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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