Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWPP Regulatory News (WPP)

Share Price Information for WPP (WPP)

Share Price is delayed by 15 minutes
Get Live Data
268.90    -2.50 (-0.92%)
Bid:
268.70
Ask:
269.10
Spread: 0.40 (0.149%)
Market Cap: £2.90b
WPP Live PriceLast checked at - London Stock Exchange

Intraday WPP Share Chart

Acquisition

1 Sep 2022 07:00

RNS Number : 8230X
WPP PLC
01 September 2022
 

 

 

For immediate release

01 September 2022

WPP PLC ("WPP")

WPP acquires ecommerce consultancy Newcraft

 

WPP today announces that it is acquiring Newcraft, a leading, data-first European ecommerce consultancy based in the Netherlands.  

 

Newcraft unlocks business opportunities for its global clients including Ahold Delhaize, Pon Holdings, Yakult and JDE Peet's by combining transformation strategy with operational commerce expertise to deliver growth and tangible business results. Founded in 2007, Newcraft supports organisations in realising change, reaching growth targets and mastering digital capabilities. 

 

The 155-strong business will join the Wunderman Thompson global network, complementing its well-established commerce and marketing services teams in Northern Europe.  

 

The acquisition will further strengthen WPP's digital commerce capabilities and reflects the company's ongoing investment into its commerce offer for clients as consumer needs continue to change. It is aligned with WPP's accelerated growth strategy, building on existing capabilities in the areas of commerce and technology. WPP is ranked as a Leader in Forrester's global Commerce Services Wave, and already manages more than $40bn of direct and $20bn of marketplace GMV for clients and employs 13,500 commerce specialists across its agencies.

 

Mark Read, CEO of WPP, said: "With consumer behaviours and use of new ecommerce channels continuing to change at a rapid pace, brands need innovative solutions to reach customers and new audiences. As we continue to invest in growth areas, Newcraft's extensive experience of transforming the digital offering of some of Europe's leading companies will further strengthen our global commerce proposition and drive results for clients."

 

Neil Stewart, CEO of Wunderman Thompson Commerce & Technology, said: "Newcraft brings a unique mix of commerce expertise in strategy and operations and fuses it with industry-specific capability across retail, FMCG, wholesale and mobility. Combined with our leading commerce technology and customer experience in the Netherlands, I'm excited about how Newcraft will help us accelerate our end-to-end commerce services for clients in the region and across the world." 

  

Martijn Haanappel, Director and Founder of Newcraft, said: "We are very excited to start this new chapter. When we look back at the past 15 years, we're extremely proud of the strong company we've created: we've built very talented teams; a dynamic and open culture; and an impressive track record with our clients. By joining WPP and the Wunderman Thompson network we have found the perfect match to start the next phase of our growth ambition. Combining our digital acceleration capabilities with Wunderman Thompson's market-leading commerce expertise will undoubtedly lead to amazing opportunities for both our people and clients." 

 

ENDS

 

Further information 

Niken Wresniwiro, WPP 

+44 (0)7876 005489 

niken.wresniwiro@wpp.com 

 

About WPP 

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com. 

 

About Wunderman Thompson Commerce

At Wunderman Thompson Commerce we inspire people to transact.  

 

Part creative agency, part consultancy and part technology company, we are unique in our ability to connect world-class strategic thinking and creative insight with deep executional capability across technology and operations to deliver winning commerce solutions across all major digital routes to market worldwide: marketplaces, online retailers, D2C, B2B and social commerce. 

 

We are a diverse team of 2000+ commerce experts across more than 25 offices worldwide, who believe that growth through commerce begins with connected customer experiences that amplify the brand and drive business outcomes. We excel at orchestrating commerce touchpoints through intelligent deployment and integration of world class technology from strategic partners like Adobe, Bloomreach, SAP, Salesforce, Sitecore, HCL, Shopify, BigCommerce & commerce tools, as well as driving sales from marketplaces (Amazon, Tmall and beyond) and retailers. 

 

Our clients include Bosch, DFS, Johnson & Johnson, MAC, Nestlé, Sainsbury's, Selfridges, Shell, Specialized, Tempur and Tiffany & Co. 

 

Wunderman Thompson Commerce is a WPP agency, recognised as a Leader in The Forrester Wave™: Commerce Services, Q1 2021. More details on the achievement can be found here. 

 

For more information on Wunderman Thompson Commerce, please visit us at www.wundermanthompsoncommerce.com and follow us on Twitter, Facebook, LinkedIn, and Instagram.

 

About Newcraft 

Newcraft is a data-first digital acceleration consultancy specialising in commerce. Combining transformation strategy at C-level with digital acceleration capabilities at operating level to deliver tangible business results to blue-chip clients. We combine broad industry knowledge with our intense digital expertise to deliver added value to our clients and to create an inspiring environment for our strategy, commerce, data and crm teams. 

 

For more information, visit www.newcraftgroup.com.  

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ACQWPURCRUPPGAG
Date   Source Headline
1st Nov 20183:05 pmRNSVoting rights and Capital 31 October 2018
25th Oct 20187:00 amRNSWPP Third Quarter Trading Update 2018
19th Oct 20182:12 pmRNSNotification of Major Holdings
9th Oct 20187:00 amRNSFord - WPP retains activation business
1st Oct 20187:00 amRNSVoting rights and Capital 28 September 2018
1st Oct 20187:00 amRNSNotification of Trading Statement
24th Sep 20185:00 pmRNSEmark joins Wunderman
7th Sep 20189:51 amRNSDirector's Dealing
5th Sep 20184:41 pmRNSDirector's Dealing
5th Sep 20189:30 amRNSWunderman acquires 2Sales
4th Sep 20187:00 amRNS2018 Interim Results
3rd Sep 201811:51 amRNSVoting rights and Capital 31 August 2018
3rd Sep 20187:30 amRNSAppointment of Mark Read as CEO
14th Aug 20183:00 pmRNSBCW acquires Hirshorn-Zuckerman Design Group in US
8th Aug 20183:00 pmRNSWunderman acquires Gorilla Group in the US
2nd Aug 20189:00 amRNSWPP increases investments in India
1st Aug 201811:01 amRNSVoting rights and Capital 31 July 2018
24th Jul 20187:00 amRNSBoard Retirement
5th Jul 201812:47 pmRNSWPP & KOÇ form a new partnership to launch Ingage
2nd Jul 20184:10 pmRNSVoting rights and Capital 29 June 2018
2nd Jul 20182:06 pmRNS2018 Interim Statement
21st Jun 20182:25 pmRNSWPP & Globant - Pricing of Secondary Offering
20th Jun 201812:30 pmRNSWPP & Globant Announce Secondary Offering
15th Jun 20189:30 amRNSNew Directorship
13th Jun 20184:23 pmRNSResult of AGM
13th Jun 201812:00 pmRNSAGM Trading Update
11th Jun 20185:34 pmRNSTransaction in Own Shares
8th Jun 20185:25 pmRNSTransaction in Own Shares
7th Jun 20185:29 pmRNSTransaction in Own Shares
6th Jun 20185:31 pmRNSTransaction in Own Shares
5th Jun 20185:27 pmRNSTransaction in Own Shares
4th Jun 20185:25 pmRNSTransaction in Own Shares
4th Jun 201812:39 pmRNSVoting rights and Capital 31 May 2018
1st Jun 20185:57 pmRNSTransaction in Own Shares
31st May 20185:35 pmRNSTransaction in Own Shares
30th May 20185:54 pmRNSTransaction in Own Shares
29th May 20186:18 pmRNSTransaction in Own Shares
24th May 20185:41 pmRNSTransaction in Own Shares
23rd May 20185:54 pmRNSTransaction in Own Shares
22nd May 20185:40 pmRNSTransaction in Own Shares
21st May 20185:30 pmRNSTransaction in Own Shares
18th May 20185:13 pmRNSTransaction in Own Shares
17th May 20185:11 pmRNSTransaction in Own Shares
16th May 20185:25 pmRNSTransaction in Own Shares
15th May 20185:41 pmRNSTransaction in Own Shares
14th May 20185:29 pmRNSTransaction in Own Shares
11th May 20185:59 pmRNSTransaction in Own Shares
10th May 20185:30 pmRNSTransaction in Own Shares
9th May 20185:25 pmRNSTransaction in Own Shares
8th May 20185:17 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.