The Mission Marketing Group plc, a marketing communications and advertising group, has acquired Edinburgh-based The Weather Digital and Print Communications Limited, a specialist digital Agency, employing 11 staff. The acquisition was made through The Mission Marketing Group’s integrated Agency, Story UK Limited. The terms of the deal were not disclosed.
Executive Chairman of the The Mission Marketing Group plc, David Morgan, said: “Continuing our strategy of finding complementary businesses to extend and expand the range of services our Agencies can provide, we are delighted to welcome The Weather into the missiontm family.”
The Acquisition of The Weather is not a substantial acquisition as defined by the AIM Rules for Companies. As part of the initial consideration for the Acquisition, the The Mission Marketing Group plc will issue 210,136 new ordinary shares of 10 pence each. Further consideration may be payable, subject to The Weather’s future performance.
UK, London & Edinburgh
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