Group M buys majority stake in South Africa's Yonder Media

WPP's Group M has made its second acquisition of a digital marketing agency in a week by buying a majority stake in South African mobile outfit Yonder Media.

Yonder's management team: Thys Potgieter, Johan van de Walt, Rick Joubert and Fiona Potgieter
Yonder's management team: Thys Potgieter, Johan van de Walt, Rick Joubert and Fiona Potgieter

Michelle Meyjes, the chief executive of Group M in South Africa, said Yonder’s 42 staff will be a "hub of excellence" in mobile and social media who can support WPP’s clients and its other agencies, while Yonder will gain scale.

Yonder will operate as "an independent brand" while working with Group M’s four main media agency networks, Mindshare, MEC, MediaCom and Maxus.

The company specialises in mobile and social media strategy, planning and buying, and related services like customer rewards and coupons. Nando’s and WeChat have been among Yonder’s clients.

Rick Joubert, Yonder's chief executive, leads the management team. The team members are: Thys Potgieter, the chief strategy officer; Johan van de Walt, the chief technology officer; and Fiona Potgieter, the chief operating officer.

The deal follows last week’s bigger acquisition by Group M of UK-based Essence, which has over 500 staff. 

Topics

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Christmas 2016 ads: the best so far
Shares0
Share

1 Christmas 2016 ads: the best so far

Buster the Boxer, Mrs Claus, a doll that comes to life and an adventurous carrot feature in this year's Christmas ads. Campaign rounds up the best ads from the season.

Just published

More