Sale of The Farm Group
June 21 2019 - 9:00AM
Business Wire
WPP (NYSE:WPP) today announces the sale of The Farm Group, a
leading provider of post-production services, to Los Angeles-based
Picture Shop.
The sale is in line with WPP’s new strategy as set out in
December 2018, a key element of which is to focus on its main areas
of business and simplify its operations through the disposal of
non-core assets.
WPP would like to thank all those involved with The Farm Group,
and in particular co-founders Nicky Sargent and Vikki Dunn, for
their contribution to WPP over more than 20 years. We wish them
well as they begin their next chapter of growth with Picture
Shop.
The terms of the deal are not disclosed.
About WPP
WPP is a creative transformation company. We build better
futures for our clients through an integrated offer of
communications, experience, commerce and technology. For more
information visit www.wpp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190621005254/en/
Niken Wresniwiro, WPP +44 (0)20 7282 4600 / +44 (0)7876 005 489
niken.wresniwiro@wpp.com
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