INTERNATIONAL: GPC acquires stake in lobbying firm C&I

PARIS: GPC International is continuing its acquisition spree, buying a 20 per cent stake in top ten French public affairs consultancy Communications and Institutions (C&I).

PARIS: GPC International is continuing its acquisition spree,

buying a 20 per cent stake in top ten French public affairs consultancy

Communications and Institutions (C&I).



The Canada-based Omnicom subsidiary has been affiliated to C&I in Paris

since 1997, but the equity transaction only took place last week.



It is GPC’s second major acquisition in recent months. Last October the

agency, headed by global chief executive Hershell Ezrin, bought Canada’s

McDermott O’Neill Associates to form GPC O’Neill.



C&I’s ten consultancy staff will continue to be led on a day-to-day

basis by chief executive Olivier Le Picard and joint managing directors

Jean-Christophe Adler and Nicolas Bouvier.



Julia Harrison, GPC Brussels’ chief executive, joins the board of C&I,

with the possibility of Le Picard joining the GPC Brussels board in

time.



C&I - which has fee income of over pounds 1 million - maintains a

separate corporate identity for trading purposes.



Le Picard founded C&I in 1983, and is a founder member of the

Association Francaise des Conseils en Lobbying - French lobbying’s trade

body. He is now serving a two-year term as AFCL president.



C&I’s client list includes state-owned nuclear giant COGEMA, and Elf

Autochem, the French oil firm’s chemical arm. GPC’s Brussels clients

include Ford and Scottish and Newcastle Breweries.



Meanwhile, GPC continues to seek a successor to Sir Ian

Wrigglesworth.



He stood down as UK chairman last month to focus on business interests

in the north east of England (PR Week, 4 February). The chairman’s role

has been expanded to cover all of Europe.



Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in