In a press release WPP announces that Commarco GmbH, the leading German-based marketing services network which is part of WPP, has acquired a majority interest in Nicole Weber Communications GmbH (“NWC”), a German full service public relations agency.NWC focuses on lifestyle industries including fashion and beauty, consumer electronics and automotive. Clients include Opel, ASOS and Olympus.
Founded by Nicole Weber in 1996, NWC is based in Hamburg and employs approximately 30 people. NWC’s unaudited revenues for the year ended 31 December 2014 were approximately Euro 2.4 million, with gross assets at the same date of approximately Euro 1.1 million.