Fusion Corporate Partners

UBM has agreed to sell its Property Week print magazine and related products to Metropolis International. Property Week’s 35 staff will transfer to Metropolis International following completion. The terms of the deal were not disclosed.

UBM has also sold its North American IT channel business to a management-led investment group. The new company, called The Channel Company, will own and operate all of the businesses and products formerly owned by UBM Tech (Channel) in North America. The Comdex brand and UBM India’s CRN business are excluded from this transaction. UBM has retained a 30% minority equity interest in the business.

These disposals constitute the bulk of the operations treated as discontinued in UBM’s H1 2013 results and classified as held for sale at 30 June 2013. The combined cash proceeds from these disposals are approximately £8.5m, subject to working capital adjustments on completion.

UK, London & USA, San Francisco, CA

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• Mash Media acquires International Confex from UBM Live Posted on September 21, 2013
• David Levin to step down as CEO of UBM Posted on September 16, 2013
• UBM report a decline in profits for the first six months Posted on August 5, 2013
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• UBM – results for the six months ended 30 June 2012 Posted on July 30, 2012
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• UBM acquires four tradeshows Posted on February 28, 2012
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• Founders of Briefing Media to acquire UBM’s UK agriculture and medical general practitioner portfolios Posted on February 7, 2012
• UBM plc and Roularta Media Group form Belgian medical print journal joint venture business Posted on February 3, 2012
• UBM TechWeb acquires Online Marketing Summit Posted on November 19, 2011
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• UBM acquires 70% of US catering tradeshow business Catersource for $5 million Posted on June 21, 2011
• UBM plc acquires AMB exhibitions business in South East Asia Posted on May 12, 2011
• UBM Medica sells The Consultant Print Group April 29, 2011
• UBM Q1 results Posted on April 21, 2011
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• UBM disposes of UK licensed trade portfolio Posted on March 1, 2011
• UBM acquires Indian travel tradeshow SATTE Posted on March 1, 2011
• UBM to acquire stake in Famdent, India’s largest dental exhibition and conference business Posted on March 1, 2011
• UBM acquires Publishing Expo tradeshow for £320,000 Posted on November 11, 2010
• UBM acquires Lead in Research for £1.45m Posted on November 2, 2010
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