Mills & Allen has admitted it is up for sale, confirming
speculation that the poster company’s French owner, Havas, has been
secretly talking to buyers.
M&A, which has around 18 per cent of the UK market, will be sold as part
of Avenir, a group covering all Havas’s European roadside poster
interests in nine countries.
Havas is also likely to sell its airport advertising company, Sky
Both sales are planned to help offset costs recently incurred by Havas
when it bought the US electronic publishing company, Cendant
David Pugh, M&A’s chief executive, confirmed the group was up for sale,
and added that a management buyout was not an option in the UK. His
admission follows reports that secret talks between the American-owned
TDI and Havas about a possible purchase had fallen through.
Other media companies said to be interested in M&A include the US-owned
Clear Channel. However, it is unclear whether such a purchase would be
allowed in the UK because Clear Channel owns a rival poster company,
The news that the poster interests were up for sale came during an
announcement made in Paris by Havas in the wake of its acquisition of
The announcement stated that ’after consultation with the appropriate
labour organisations, Havas is envisaging the sale of its billboard
advertising activities. Havas will then be focused on its two core
activities of publishing and multimedia.’