WPP advertising agency JWT is to acquire full control of Turkish agency Manajans Thompson, one of WPP's earliest investments.
JWT has held a minority stake in Manajans since 1985, prior to it being acquired by WPP.
The Istanbul-based agency was founded in 1944 and employs around 70 people, working for clients including Nokia, Shell, pharmaceutical company Bayer, mobile network Turkcell and food company Ulker.
The agency’s 2011 revenues were eight million Turkish lira (£2.8 million).
WPP companies in Turkey employ nearly 1,000 people and generate annual revenues of $100m (£63.7m).
Follow @DanFareyJones
A new Campaign for a new breed
New ideas, new perspectives, new focus
Register for tailored email bulletins today and let us deliver the insight that you need
Register NowSubscribe to Campaign before the end of Cannes Lions and save up to 71%
SUBSCRIBEGet the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.
Create an Alert Now
Pulling out of awards shows and marketing is "jumping off the deep end and forgetting that we live and breathe by the creatives in our industry."
Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).
