QD Events acquires Scottish Fitness and Nutrition Expo

QD EventsScottish event organiser QD Events has acquired the independently run Scottish Fitness and Nutrition Expo, which has experienced significant growth since it was founded by friends Neil Maclean and Jamie Rose in 2014. QD Events, which acquired 25 per cent of SFN Expo in 2016, bid for the remaining 75 per cent after the show’s record attendance last year. Further details of the transaction were not disclosed.

The next edition of SFN Expo will run from 6th-7th October 2018 at the Scottish Event Campus in Glasgow and has already hit record stand and ticket sales. The show will see the return of the World’s Strongest Man, Eddie Hall, and huge industry brands such as Les Mills creating interactive fitness experiences for visitors. SFN 2018 will also host the finals of The Scottish Throwdown and Scotland’s Strongest Man.

The show adds to QD Events’ repertoire which already includes Scotland’s largest exhibition, The Scottish Caravan, Holiday Home and Motorhome Show, IRN-BRU Carnival, Scottish Wedding Show, Independent Living Scotland and Resonate Festival of Gaming.

Greg Cherry, managing director of QD Events, said: “We are delighted to add SFN Expo to the QD Events portfolio. We have worked closely with SFN’s organisers over the past few years to help it reach its true potential, scale and accessibility to the mainstream fitness market.”

UK, Glasgow

Dods to acquire Biteback Media Limited and Holyrood Communications Limited

imagesDods Group is to acquire Biteback Media Limited, (excluding its publishing subsidiary), and Holyrood Communications Limited from Political Holdings Limited.

The consideration payable for Biteback is £795,000 in cash. The Holyrood acquisition is to be settled by £416,806 in cash plus a further potential payment of £250,000 if certain gross profit targets are met. Biteback Media Limited publishes Total Politics, a monthly political magazine, and organises associated events. Biteback generated an EBITDA loss of £0.35 million for year to 31 December 2011 on revenues of £0.47 million. Based on the management accounts for the ten-month period to 31 October 2012 Biteback generated revenues of £0.7 million, an EBITDA loss of £0.1 million and had net assets of £0.2 million after an adjustment for intercompany loans. Holyrood is a publishing and events business based in Edinburgh, with particular focus on Scottish politics and current affairs. The acquisition of Holyrood will enable Dods to benefit from the increase in political activity in Scotland over the next two years. In the year ended 31 March 2012 Holyrood achieved revenues of £1.9 million and generated EBITDA of £0.1m.

UK, London

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