LONDON--Advertising giant WPP PLC (WPP.LN) said Friday that POSSIBLE Worldwide has agreed to buy a majority stake in Conrad Caine GmbH, a full service digital agency headquartered in Munich, Germany, for an undisclosed sum.

Founded in 1998, Conrad Caine delivers digital strategy, user experience, asset creation, campaigns and CRM to its clients.

Conrad has its headquarters in Germany and other offices in Pelotas, Brazil and Buenos Aires, Argentina. It's revenues for the year ended Dec. 31, 2014 were 8.5 million euros ($ million) with gross assets of EUR3.6 million as at the same date.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

(END) Dow Jones Newswires

January 22, 2016 02:23 ET (07:23 GMT)

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