Publicis Groupe Completes Divestiture of Pharmaceutical Contract Commercialization and Sales Unit (PHS)
31 Janvier 2019 - 8:04PM
Publicis Groupe
Completes Divestiture of Pharmaceutical Contract Commercialization
and Sales Unit (PHS)
Altamont Capital Partners' purchase
includes Touchpoint, PDI, Tardis Medical, PHrequency and
CustomPoint Recruiting businesses
January 31, 2019
- Paris - Publicis Groupe [Euronext Paris FR0000130577, CAC 40]
today announced that it has closed on the sale of its
pharmaceutical contract sales and commercialization units under the
banner of Publicis Health Solutions (PHS) to Altamont Capital
Partners (Altamont). This business unit was placed under strategic
review by Publicis Groupe in June 2018. The divestiture process was
announced in October of the same year while the signing of the sale
was completed before the end of 2018.
PHS, which was previously housed
under Publicis Health, Publicis Groupe's healthcare solutions
network, is a contract sales and commercialization organization
that works with a range of pharmaceutical, biotechnology, medical
device and diagnostics companies, and provides a suite of services
through operating brands that include Touchpoint, PDI, Tardis
Medical, PHrequency and CustomPoint Recruiting.
The creative, media, insights,
digital, market access and consulting agencies under Publicis
Health are unaffected by the sale and will continue to be led by
Publicis Health CEO, Alexandra von Plato.
This divestment reinforces
Publicis Groupe's focus on providing clients with the best
healthcare-related consulting, data and technology offerings in
support of their growth and digital transformation.
Petsky Prunier Securities LLC
acted as exclusive financial advisor to Publicis Groupe in
connection with the sale.
About Publicis
Groupe - The Power of One
Publicis Groupe [Euronext Paris FR0000130577, CAC 40] is a global
leader in marketing, communication, and
digital transformation, driven through the alchemy of
creativity and technology. Publicis Groupe
offers its clients seamless access to its tools and
expertise through modular offering. Publicis Groupe is organized
across four Solutions hubs: Publicis Communications (Publicis Worldwide,
Saatchi & Saatchi, Leo Burnett, BBH, Marcel, Fallon, MSL,
Prodigious), Publicis Media (Starcom, Zenith,
Spark Foundry, Blue 449, Performics, Digitas), Publicis.Sapient (SapientRazorfish & Sapient
Consulting) and Publicis Health. Present
in over 100 countries, Publicis Groupe employs nearly 80,000
professionals.
www.publicisgroupe.com | Twitter:@PublicisGroupe | Facebook:
www.facebook.com/publicisgroupe | LinkedIn : Publicis Groupe |
http://www.youtube.com/user/PublicisGroupe | Viva
la Difference!
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Contacts
Publicis Groupe |
| |
Peggy Nahmany
Jean-Michel Bonamy
Chi-Chung Lo |
Corporate Communications
Investor Relations
Investor Relations |
+ 33 (0)1 44 43 72 83
+ 33 (0)1 44 43 77 88
+ 33 (0)1 44 43 66 69 |
peggy.nahmany@publicisgroupe.com
jean-michel.bonamy@publicisgroupe.com
chi-chung.lo@publicisgroupe.com |
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Publicis Groupe via Globenewswire
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