NEWS11 November 2015

GroupM buys Yonder Media

M&A Middle East and Africa News

UK — WPP-owned GroupM has bought South African-based mobile marketing agency Yonder Media.

Established in 2005, Yonder Media is a mobile-first digital and social media agency based in Johannesburg and employing around 30 people. 

Yonder Media’s unaudited consolidated revenues for the year ended 28 February 2015 were approximately ZAR 20 million, with gross assets at the same date of approximately ZAR 18 million.