Adventis Group PLC
04 November 2004
Adventis Group plc
Adventis Group plc announces potential acquisition of pharmaceutical advertising
agency
4th November 2004
Adventis Group plc ('Adventis'), the specialist multimedia and marketing agency,
is pleased to announce that it is in the final stages of negotiations to acquire
a pharmaceutical advertising agency. Further information with regard to the
transaction will be announced in due course. Adventis floated on AIM in July
2004 in a placing that raised £3.6m gross to fund, amongst other things, a
strategy of growth by strategic acquisitions and joint ventures.
Charles Phillpot, CEO of Adventis commented, 'As stated at the time of our
floatation we stated our intention to make appropriate acquisitions in key
markets. We have assessed several candidates within the pharmaceutical industry
and have now entered the final stages of negotiations with our chosen partner.'
Enquiries
Charles Phillpot, Managing Director Sarah Gestetner, Fiona Bradshaw, Fiona Mulcahy
Adventis Group plc Citigate Dewe Rogerson
Tel: 020 7034 4750 Tel: 020 7638 9571
Paul Dudley
WH Ireland Limited
Tel: 020 7397 3225
This information is provided by RNS
The company news service from the London Stock Exchange