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NEWS27 August 2015

WPP buys Webling in Australia

Asia Pacific M&A News

UK — WPP-owned J.Walter Thompson has acquired a majority stake in Sydney-based digital agency Webling.

Webling’s services include strategy, ideation, design and development across web, mobile, social, digital OOH and experiential channels.

It was founded in 2004 by Deniz Nalbantoglu and Darren Clark, and the agency’s clients include Acer, Amex, Coca-Cola, Coles, CommSec, Fuji Xerox, Google, Mirvac and QIC Shopping Centres.

For the year ending 30 June 2015, Webling’s revenues were A$4.4 million, with gross assets of A$1.3m.

@RESEARCH LIVE

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