Faversham House, the Croydon-based media company, has acquired the Utility Week portfolio from Reed Business Information (RBI).
Utility Week provides news, analysis and comment on Britain’s major electricity, gas and water utilities. The acquisition includes the Utility Week website www.utilityweek.com, the Utility Week Achievement Awards (6 December 2010) and the Utility Week Debt Conference (2 November 2010).
Faversham House Chief Executive Amanda Barnes, said: “We were delighted when RBI responded positively to our approach to acquire the Utility Week portfolio. We are extremely pleased to welcome the Utility Week team into our already successful and extensive portfolio of water, environment and sustainability titles. This acquisition underlines our commitment to grow our position as the premier provider of information into this market. There is considerable synergy with our Sustainabilitylive! exhibitions and with our world-leading edie.net environmental information portal. We look forward to working with the talented Utility Week team to maximise the opportunities this gives us.”
Jane Burgess, Managing Director of RBI said: “I’d like to thank the Utility Week team for their contribution to RBI – they are a talented team with deep experience in their sector and we wish them every success at Faversham House”
The seven-strong team joined Faversham House on Monday 26 July 2010.
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