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WPP's Kantar Retail To Buy Minority Stake In Retail Consultancy GME- Quick Facts

4/16/2012 4:17 AM ET

WPP Plc (WPPGY: Quote, WPP.L) said its wholly-owned insight and consultancy business, Kantar Retail, has agreed to acquire a minority interest in G.M.E.FZ-LLC based in Dubai.

GME offers retail insight and consultancy services to clients across all business sectors. The business employs 16 people and clients include Arla, BP, Heineken, J&J and Samsung. GME has been Kantar Retail's franchise partner in Dubai since 2007 and now becomes a full member of the Kantar Retail network.

Moreover, the acquisition continues WPP's strategy of investing in important sectors and its commitment to developing its businesses in the important and fast-growing Middle East markets.

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by RTT Staff Writer

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