REG - WPP PLC - Sudler&Hennessey acquires stake in System Analytic <Origin Href="QuoteRef">WPP.L</Origin>

WPPAnnouncement

16/12/2015 10:00

RNS Number : 2447J
WPP PLC
16 December 2015
FOR IMMEDIATE RELEASE 
16 December 2015
 
WPP PLC ("WPP")
Sudler & Hennessey acquires majority stake in System Analytic in London
WPP announces that its wholly-owned operating company, Sudler & Hennessey, the global healthcare marketing and communications network, has acquired a majority stake in healthcare key opinion leader engagement company, System Analytic.
System Analytic's database and online tools enable pharmaceutical companies to identify, map, and engage key opinion leaders across a broad range of medical fields.Clients include Boehringer Ingelheim, Novartis and Roche.
Founded in 2007, the company employs around 20 people in London. Unaudited revenues for the year ended 5 April 2015 were 2.1 million, with gross assets at the same date of 1.0 million.
This acquisition continues WPP's strategy of developing its services in fast growing and important sectors and markets. Sudler & Hennessey is part of WPP's Branding & Identity, Healthcare and Specialist Communications group (which includes Direct and Digital). Collectively, including associates and investments, the companies in this group generate revenues of US$6 billion and employ over 70,000 people worldwide. 
Contact:
Feona McEwan, WPP.  Tel +44 207 408 2204
Chris Wade, WPP

This information is provided by RNS
The company news service from the London Stock Exchange
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