Omnicom Group Inc. Acquires Majority Equity Stake In 180 Amsterdam

November 30, 2006 | 9:17 am

NEW YORK, Nov. 30 /PRNewswire-FirstCall/ -- Omnicom Group Inc. (NYSE: OMC), the leading global advertising and marketing services group, announced today that it has acquired a majority stake in 180 Amsterdam.

Founded in 1998 by Managing Partners Alex Melvin, Guy Hayward and Chris Mendola, 180 Amsterdam is one of the most awarded independent agencies in the world. Its work is regularly featured in the Clio, One Show, D&AD and Cannes Advertising Festivals. In 2004, 180 Amsterdam was recognized as the world's third most awarded agency at the Cannes Lions International Advertising Festival. Its founding client adidas was awarded the 'Advertiser of the Year' accolade at the 2006 Cannes Festival.

180's management lineup is completed by Managing Partner Peter Cline, and Executive Creative Directors Andy Fackrell and Richard Bullock.

"Led by an outstanding management team, 180 is at the leading edge of international creativity. We are delighted to welcome 180 to our portfolio of award winning, world-class creative agencies," said John Wren, President and CEO of Omnicom Group Inc.

Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

180 Amsterdam (www.180amsterdam.com) is an international agency that employs 100+ people from over 25 countries. 180's client roster includes Motorola, Omega Watches, Amstel, Sony Electronics USA, Amnesty International and adidas International.