The Mission Marketing Group acquires The Weather Digital and Print Communications Limited

MissionThe 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, The Weathersaid: “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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The Mission Marketing Group acquires Proof Communication

Marketing communications group The Mission Marketing Group plc has acquired Proof Communication Limited through its technology specialist Agency, April-Six Limited.

Proof is an independent science, engineering and technology PR Agency with an office in Central London offering specialist communication services to Clients including national laboratories, international science facilities, global technology businesses, multinational engineering companies and universities. 

The Acquisition is not a substantial acquisition as defined by the AIM Rules for Companies. The consideration for the Acquisition comprises an upfront element payable on completion, with a further deferred contingent payment in 2016 subject to the performance of the business. The vendor management team can elect to receive a proportion of consideration due in new or existing ordinary shares of The Mission Marketing Group

Executive Chairman of The Mission Marketing Group plc, David Morgan, said: “We are delighted to welcome another high quality business into the mission family. Proof is an excellent complement to our existing technology offering and we look forward to developing our capabilities further. “

 UK, London