JWT to buy out Turkey's Manajans Thompson

WPP advertising agency JWT is to acquire full control of Turkish agency Manajans Thompson, one of WPP's earliest investments.

Acquisition: Manajans Thompson client Turkcell
Acquisition: Manajans Thompson client Turkcell

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).

Become a member of Campaign from just £46 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk plus get exclusive discounts to Campaign events

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

Partner content

Share

1 Job description: Digital marketing executive

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).