JWT to acquire majority stake in Post Visual in South Korea

wppWPP‘s wholly owned operating company, JWT, has agreed to acquire a majority stake in Post Visual, a highly awarded digital agency in South Korea. The terms of the deal were not disclosed.

Headquartered in Seoul, Post Visual is considered also to be a top creative agency in South Korea, with major clients including Nike, Google, and eBay. Post Visual was the first agency in South Korea to win a Gold Cyber Lion at Cannes and has won Gold awards at other global festivals.

As at year ending December 2012, Post Visual had unaudited revenues of KRW 4.8 billion and gross assets of KRW 3.4 billion as at the same date. Founded in 2000, Post Visual employs more than 60 people.

UK, London & South Korea, Seoul

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