Founded in 1968, Kolkata based Pressman Advertising & Marketing is headed by Niren Suchanti and Navin Suchanti and has capitalized billings of over Rs 250 crore. Each partner in the network is a shareholder and Pressman will pick up equity stake in WPI.
WPI is a new-breed, collaborative network of marketing services firms, focused on middle-market businesses. It comprises 92 agencies in 51 countries with 149 offices and over 4400 employees.
WPI's capitalized billings of $4.1 billion makes it the 9th largest marketing communications organization in the world.
Worldwide Partners, which began in 1938, has more than many network-wide international clients, including Wal-Mart, Caterpillar, 3M, Saudi Arabian Airlines, Vonage, Hormel International, and Novartis.
