Added Value acquires majority stake in Saffron Hill
LONDON - WPP's market research firm Added Value has acquired a 51% stake in Saffron Hill Research, which operates in Singapore and the Philippines.
st1\:*{behavior:url(#ieooui) }
Founded in 2001, Saffron Hill employs 38 people. Its clients include BAT, Epson, Johnson & Johnson, Microsoft, Nokia and Singtel.
Saffron Hill's unaudited group revenues for the year ended December 31, 2008 were S$4.4m (£1.85m), with gross assets at the same date of S$1.4m.
WPP said that this investment continues the group's strategy of developing its networks in fast growing markets and sectors.
Saffron Hill: Added Value acquires majority stake
Tags
- B to B |
- Saffron Hill |
- Market Research |
- WPP |
- Added Value
Comments