IPM and Alban bring Helix outdoor joint venture to a close

LONDON - IPM, the Interpublic-owned outdoor specialist, and Alban have ended their joint buying venture Helix.

The move follows the acquisition of Alban, which owns Concord, by Aegis-owned Posterscope in August.

Helix was launched in 2003 and will be closed by the end of the year. IPM and Concord will trade separately from the beginning of 2006.

A statement from the two companies said: "After two-and-a-half years of successful trading, this closure has been brought about by IPG's recently revised global policy on outdoor media planning and buying."

If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum.

Topics