MCI turnover grows following acquisition.

Agency MCI's purchase of Oxford International gives it a combined UK event-based turnover of pounds 10.4m, effectively moving the new entity into 16th position in C&IT's State of the Industry report.

The report, which featured in the May issue of the magazine, ranked MCI UK in 22nd position and Oxford International in joint 32nd.

News of MCI's acquisition of the Oxford-based agency broke last month (May), coinciding with an announcement that MCI's global gross margin had grown 14% to pounds 74m. John Walker, Oxford International's managing director, …