Media Production and Technology Show acquires BVE assets

Media Business Insight logoMedia Business Insight’s Media Production and Technology Show has acquired assets related to Broadcast Video Expo from ITE Group following its decision to close the event.

The Media Production & Technology Show is the number one event for all those working in content creation within the film, TV and video industry. The show plans to significantly extend and enhance its offering to more technology manufacturers, suppliers, content and new partners for the event.

Taking place on May 13th-14th 2020 at London Olympia, MPTS will now be the UK’s biggest show for the broadcast production and technology sector.

MBI has acquired the rights to BVE’s intellectual property, marketing data, and marketing channels.

Charlotte Wheeler, MPTS Event Director said, “Our visitor numbers were up by 25% this year and we had a record rebook level with exhibitors. We are building on the success we’ve had in developing our show over the last four years and the brilliant relationships we have with the industry and our customers.

“People in the market have often said they’d prefer one UK show and now we are able to focus on delivering the biggest and best event for exhibitors and visitors. We are looking forward to working with exhibitors and visitors who have attended BVE in the past to deliver a fantastic event for the whole industry in May 2020.”

MPTS will extend its features to include new industry partnerships, a dedicated Technology Theatre, a Technology Networking Zone and a larger Broadcast Sports Theatre & Zone.

UK, London

Nurnberg Messe acquires largest tradeshow organiser in Greece

Nuernberg Messe logoA new strategic partnership between the Nurnberg Messe Group and Forum SA, the largest exhibition company in Greece, has been launched following the acquisition of FORUM by the German trade fair company.

Integration into the Nurnberg Messe Group makes Forum SA now the largest subsidiary of the German exhibition giant.

The Greek trade show industry, according to a survey conducted by ICAP, is predicted to grow in the 2019-2020 period, with an average annual growth of 8.5%.

The partners are hoping Greece can become an exhibition hub for the Balkans and Southeast Europe.

Dr Roland Fleck and Peter Ottmann, the two Nürnberg Messe CEOs, said, “We’ve achieved the goals we set in our corporate strategy two whole years ahead of schedule. And that major step forward will give us the momentum we need to approach the next chapter of the NürnbergMesse success story.”

“With its high-profile international tradefairs, Nürnberg Messe has worked its way up into the ranks of the 15 largest tradefair organisers in the world. Our next objective is to make it into the top ten… Greece will play a pivotal role in this in the future.”

Management of the Greece operation will remain with the Greek company’s executives.

Forum SA was established in 1988 and claims to be the largest international tradeshow organiser in Greece, with 23% of the domestic market. Its portfolio includes 8 of the most important international tradeshows taking place in Greece, such as HORECA, FOOD EXPO, ΟΕΝΟΤΕLIA, ΧΕΝΙΑ, ARTOZA, FOODTECH, ATHENS COFFEE FESTIVAL and BIO FESTIVAL.

These shows combined attract 4,000 Greek and international exhibitors and around 350,000 visitors. Forum SA’s four trade magazines are also part of the acquisition.

FORUM SA expects a turnover for the year 2019 of over EUR 17 million.

Germany, Nuernberg & Greece, Agios Dimitrios

CloserStill Media acquires eCommerce trade shows in Spain

CloserStill Media logoCloserStill Media, organiser of eCommerce Expo in the UK as well as eCommerce Expo Asia, has acquired two eCommerce events taking place in Barcelona and Madrid, Spain, from organiser E World for an undisclosed sum.

In addition to the eShows, CloserStill also acquired the 1-2-1 eForum events held each year in the Spring and Autumn which hosts Spain’s largest online retail buyers for two days.

The eShows in Spain become part of CloserStill’s expanding portfolio of enterprise technology events, which includes events in London, Paris, Frankfurt, Singapore and Hong Kong attended annually by more than 75,000 delegates with more than 1,200 speakers and 900 exhibitors.

The E World team, headed by managing director Agustin Torres, has joined CloserStill Media Tecnología in Barcelona. CloserStill plans to expand its technology events portfolio in Spain with a roll-out of its international technology brands from 2020.

Sophie Baker-Davis, head of CloserStill’s technology portfolio, said, “We are excited about the opportunities in the Spanish marketplace. The online retailing world is making great strides in Spain. We are delighted to be working with Agustin and his team and look forward to investing with him to accelerate the growth and importance of the eShows to the e-commerce sector and to integrate them into our international technology and e-commerce network”.

The next upcoming event is eShow Madrid 2019 on 29-30 October, which will see the introduction of a new VIP Concierge programme and takes place at IFEMA with over 10,500 delegates and 130 exhibitors expected.

UK, London & Spain, Madrid & Barcelona

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Immediate Media Co acquires majority stake in River Street

Immediate Media CoSpecial interest content and platform company Immediate Media Co has acquired a majority stake in River Street Events Ltd, a producer of consumer food and gardening events/festivals in the UK. The deal sees Immediate acquire the remainder of the business in late 2020. No further details of the transaction were disclosed.

Established in 2013, River Street Events produces some of the UK’s most successful consumer events – including the live events for BBC Good Food Show and BBC Gardeners’ World Live – attracting over 250,000 visitors a year.

This deal further strengthens Immediate’s events capabilities, following the recent acquisition of Upper Street Events, providing exciting further potential growth opportunities in the live consumer events market.

River Street Events founder Laura Biggs will remain group managing director until the end of 2020, working alongside Immediate’s Managing Director of Live Events, Paul Byrom.

Immediate Media CEO Tom Bureau said, “We’ve identified live consumer events as an important growth area for Immediate, focused around our high value special interest communities and aligned with our portfolio of market-leading brands.

“Our investment into River Street, who we know well through our partnerships with BBC Good Food Live and BBC Gardeners’ World Live, fits perfectly with this strategy, as we continue to accelerate our multiplatform transformation across print, digital, TV and, now, live events. I’m delighted that we will be working with Laura and her team to continue to build this fantastic business.”

UK, London & Kingston upon Thames

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Mark Allen Group to acquire Centaur Media’s engineering portfolio for £2.5M

Mark Allen GroupThe Mark Allen Group, a specialist information provider and event organiser, has agreed to purchase Centaur Media Plc’s engineering portfolio, including The Engineer and Subcon for £2.5 million. The terms of the transaction were not disclosed.

This transaction follows MAG’s purchase of 12 publishing brands in the aviation, automotive and arena sectors from UKi Media & Events Limited last week.

The engineering portfolio includes the market’s leading website, magazine and events, and has deep industry relationships and a diversified client base. The Engineer is one of the UK’s longest-running business publications and is supplemented by Subcon, which is an event for subcontract manufacturing professionals.

The sale comes as Centaur continues the divestment of its smaller businesses following the conclusion of a strategic review last October and its decision to improve operational execution by focusing on its leading brands. The transaction is expected to complete on 31 May.

Ben Allen, Chief Executive of Mark Allen Group, said, “The acquisition of these premium brands is part of our strategy to target well-established products in markets where we believe there are exciting growth opportunities. These assets will further strengthen our existing manufacturing and engineering publishing and event portfolio, which includes titles such as New Electronics and Eureka, as well as the Engineering Design Show.”

UK, London

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Centaur Media Plc agrees sale of travel and meetings exhibitions to Northstar

centaur-logoCentaur, the international provider of business information and specialist consultancy, has entered into a conditional agreement to sell Centaur Media Travel and Meetings Limited, the owner of the Business Travel Show and The Meetings Show, to Northstar Travel Media UK Limited, a leading B2B information and marketing solutions company focused on the global travel and meetings industries. Completion of the disposal is expected to take place on 30 April 2019.

The disposal follows Centaur’s decision last October to explore the divestment of its smaller businesses in order to simplify the Group’s structure and to focus management resources on its leading brands. Centaur announced on 1 April 2019 that it has raised £5m from the sale of its financial services business, which includes brands such as Money Marketing and Mortgage Strategy.

Northstar will pay a cash consideration of £9.25m (subject to customary post-completion adjustments) for CTM, which formed part of the Group’s professional services division. Centaur will consider the best use for the sale proceeds following the completion of its divestment review.

Centaur’s professional services division comprises The Lawyer and a portfolio of market leading event brands across three sectors: travel and meetings, human resources and engineering.

Andria Vidler, Chief Executive of Centaur, said, “[This] is another important milestone in Centaur’s ongoing transformation. As we focus on building more robust and stronger recurring revenues, we are reducing Group complexity and overheads that will allow us to deliver efficiencies and improve our operating margins.”

For the year ended 31 December 2018, Centaur’s travel and meetings exhibitions made normalised earnings before interest, tax, depreciation and amortisation operating profit of £1.7m (before central overhead allocations), up from £1.6m in 2017, on revenues of £6.4m (2017: £6.1m). At 31 December 2018, the business had gross assets of £1.7m.

UK, London & USA, Secaucus, NJ

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Terrapinn acquires Accounting Business Expo and Accountech Live

TerrapinnGlobal events company Terrapinn the global events company has acquired Accounting Business Expo and Accountech Live, the two market leading exhibitions in Australia in the Accountancy and Finance Management field. The terms of the transaction were not disclosed.

Accounting Business Expo and Accountech Live were acquired from National Media, a leading Australian exhibitions organiser. Accounting Business Expo is an independent and vendor neutral showcase for tools, technologies and services for accounting professionals, while Accountech Live is a comprehensive showcase of tech innovation in cloud accounting and the rapidly growing add-on ecosystem.

Terrapinn’s CEO, Greg Hitchen, said, “Accounting Business Expo and Accountech.Live are world-class events in terms of scale and quality of content and bolster our global portfolio of accounting and finance expos. Terrapinn is already a world leader in this sector, with expos in the United States, Canada, Singapore, Hong Kong, Dubai and Johannesburg.”

UK, London & Australia, Bundall, QLD

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